PAC Scholarship Fundraising Policy
Information for PAC Representatives and Fundraisers at NSC Cooperative
Starting from 2004-5 academic year, each co-op is responsible for
supplying to the PAC scholarship fund an annual “minimum financial
commitment” based on the number of families in that co-op.
The current amount is set at $25 per family. So, for example, a co-op of
20 families will owe $500 to this year’s PAC scholarship fund (due in
March each year). Details of this policy are below.
PAC Fundraising Policy Memo
(April 12 2004, revised April 2005)
- Each year, PAC will vote at the April meeting to determine the
minimum PAC scholarship financial commitment for each co-op for the
following year. The assessment of the minimum obligation will be
determined on the total number of enrolled students at the co-op on
January 31st of the current school year.
- For the year 2005-6 this commitment will be $25 per student at
the co-op. For example, a co-op with 20 students would have a total commitment of
- Each co-op will determine how those funds will be raised. This
commitment can be met by fee, donation, and/or fundraising. PAC will
offer a fundraising opportunity which co-ops may choose to support or to
- PAC suggests that provisions are to be in place to allow an
individual to meet their PAC commitment without a direct “out of pocket”
expense (i.e., no required fee, but the opportunity to raise funds).
- Each co-op will have a line item for the minimum PAC scholarship
fund in their annual budget.
- The scholarship financial support commitment is due to the PAC
treasurer at the March PAC Meeting.
- Eligibility for PAC scholarships is dependent on the co-op
meeting the designated PAC scholarship financial commitment and being
active participants in PAC.
- If the changes have not already been made, co-ops will amend
their by-laws and will add a clause to the parent contract, stating the
agreement to meet the minimum PAC Scholarship financial obligation.