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Establishing Organizational Bank Accounts

Recognized student organizations operate at MUSC under the auspices of the Office of Student Programs (click here to download the Student Organization Bank Account and Agency Fund Policy ID # AA-2005-01-STUDENTS)

Organizations requesting use of MUSC’s name and federal ID number on bank accounts must get prior approval from the Executive Director of Student Programs, who will submit a request for approval from the State Treasurer’s Office if deemed appropriate.

Organizations that opt to set up an external bank account must comply with the University policy memorandum ID# AA-2005-01-STUDENTS found at the link provided above. Compliance includes refraining from the use of the university’s tax ID number and the words “Medical University of South Carolina” in the name on your organization and its bank account.

Persons with questions regarding organization funds and bank accounts should contact their Deans Office and/or the Executive Director of Student Programs (843-792-2693) for more information.

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