Student Financing For Chapters
By: Rohit Bolla, Wakeland DECA
In the realm of public education of the United States, funding for organizations on campus is not of priority as core curriculum expenditures. Because of this situation, many DECA chapters are required to self-finance chapter expenses such as shirts and workshops.
Self-Financing the chapter can be undertaken through a variety a ways. For example, Wakeland High School in Frisco, TX sold t-shirts. The gray shirts had a simple “W” on the front and the football slogan on the back. Nothing elaborate, the shirts became the official shirt of the student section of Football games for the 2016 season. In addition, all chapter members were required to sell at least 5 shirts.
This forces students in the chapter to exercise their entrepreneurship abilities and brings the world of business to the microsystem of the high school campus and student him or herself. The student gets unparalleled insight into the world of selling and understands, through trial and error, how to market an object.
Because of this tactic the chapter gets to raise money for more materials and events, students also participating understand the dynamic of selling and the underlying theme of the current business world is thus directly vexed upon the students themselves.
Student financing brings in other elements of the business world into the chapter ecosystem. Elements such as creativity, collaboration, marketing, and a bare understanding of financing also come into play. Instead of learning about these elements from a textbook, students understand about these terms from actual field experience and as a result get a whole other dimension of understanding for whatever it may be.
Student financing also creates a sense accountability between the student and the chapter. Because the student is forced to spend time and thought into the well being of the chapter, a sense of personal pride is created for the chapter. Possessiveness for the chapter, while sounds intense, is a healthy emotion to have because it forces students to compete and act to the highest standard when representing the DECA chapter.
In comparison to schools with chapters that have full financial backing from the school or school district, self-financing looks like a complete burden. However, there are infinite opportunities for self-growth and exploration of the true world of business when self-financing is undertaken and that raw exposure can prove to be extremely beneficial when the student must, once again, create an opportunity for him or herself.