Off-Campus Accounts

To protect the interests of student organizations and the institution, no recognized student organization is permitted to hold an off-campus bank account or an organizational PayPal account (or similar). Exceptions to this policy are organizations that are campus chapters of nationally-recognized organizations with 501(c)(3) status; in those cases, the off-campus account must be in the name of the national organization. These funds must not be commingled with the organizations RISD budget and no RISD funds may contribute to outside organizations, including dues for members. No organization can open a bank account under RISD’s name.