Sustainability Revolving Loan Fund - Fall Semester 2009 Application
The Sustainability Revolving Loan Fund (SRLF) is $25,000 line of credit designated for campus improvements that significantly benefit Whitman's sustainability efforts by conserving resources and improving efficiency. All loans are expected to generate savings that result in a 100%+ pay-back within no more than five years. The SRLF will be replenished through the savings accrued from the implementation of the projects.
Funding is available for projects proposed by Whitman students, faculty, staff, and departments. A complete application will communicate clearly a detailed project implementation plan and timeline and the sustainability benefits and savings from the project implementation over a five year period and its lifetime. The application should also include a financial plan spreadsheet and a confirmation from the Physical Plant or contractor indicating commitment to implementing the project if funding is awarded. If the project proposal affects departments other than the one proposing it, a confirmation indicating support from the departments is required.
Projects will be reviewed by the SRLF Committee, which is comprised of staff, faculty, alumni, and student members. The Treasurer and the Campus Sustainability Coordinator manage the project review process and oversee the Fund.
Timeline:
October 7: First workshop and application process opens October 30: Second workshop with focus on individual grants November 13: Proposals due November 23: Application Committee Decision November 25: Applicants will be informed of decision and suggestions for revision January 25: Funding available beginning of this date