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Salient. Victoria University Students' Paper. Vol. 26, No. 4. Monday, April 8, 1963

NZUSA Finance

NZUSA Finance

In 1961 the Victoria Students Association allotted £378/15/11 for affiliation fees, subscriptions and donations, most of which apparently went to NZUSA to run its affairs. This represents approximately 2/5 from each student at Vic. Victoria also contributed £406/19/9 for Easter Tournament and £209/12/- for Winter Tournament and Arts Festival.

For 1960-61, Nzusa's budget was about £1428, contributed on a 4:4:4:4:1:1 basis by the six universities of Wellington, Auckland, Canterbury, Otago, Massey and Lincoln. Out of this 26 per cent went to administrative costs, 22 per cent on rent, 16 per cent to subsidise overseas travel, 8 per cent for travel of officers in New Zealand and 7½ per cent to international organisations Cosec and Isc. The budget was raised £272 over the previous year.