The SRC is entirely funded by SSAF (Student Services Amenities Fee). It’s a fee paid by students to fund services and activities that support student life at the University. Yearly the SRC submits a funding request to the University who follow a formal consultation process via the Student Consultation Group to approve and allocate funds.
In 2025 the total SSAF income from student fees totalled approximately $23.7 million. It is split between base and contestable funding.
Below is a breakdown of how SSAF was allocated between all the student organisations in 2025.
| Students' Representative Council (SRC) |
$3,194,385 |
| Sydney University Postgraduate Representative Association |
$3,249,484 |
| Sydney University Sport & Fitness (SUSF) |
$7,697,260 |
| University of Sydney Union (USU) |
$8,350,482 |
| Careers Centre |
$614,207 |
| Student Life |
$467,975 |
| University Library |
$19,871 |
| Total |
$23,593,664 |
Data from sydney.edu.au/students/ssaf/allocation
2024
In 2024 the total SSAF income from student fees totalled approximately $21.9 million. It is split between base and contestable funding.
| Students' Representative Council (SRC) |
$2,901,249 |
| Sydney University Postgraduate Representative Association |
$2,927,820 |
| Sydney University Sport & Fitness (SUSF) |
$6,846,172 |
| University of Sydney Union (USU) |
$8,504,772 |
| Student Support Services (Careers Centre) |
$400,305 |
| Office of the Pro Vice-Chancellor |
$449,868 |
| Faculty of Engineering |
$40,000 |
| Faculty of Science |
$70,237 |
| Sydney Law School |
$39,320 |
| University Library |
$62,077 |
| Sydney Business School |
$22,936 |
| Total |
$22,264,756 |
Data from sydney.edu.au/students/ssaf/allocation
In 2024 the SRC had a total base funding of $2,469,134 and $432,114 for our combined contestable projects.
| Base Funding 2024 Expenditure Breakdown |
|
| Staff Wages and Administration of SRC |
$1,835,151.98 |
| Publications |
$63,759.00 |
| Elections |
$65,699.75 |
| NUS |
$81,657.10 |
| Student Representatives |
$346,095.24 |
| Orientation and transition |
$36,732.56 |
| Total |
$2,429,095.63 |
| Contestable Funding 2024 Expenditure Breakdown |
|
| SRC Legal Full-time Mandarin Speaking solicitor |
$103,705.00 |
| Office bearer projects + Student events and weeks |
$11,957.50 |
| Stipends for Autonomous office bearers |
$129,159.29 |
| Hubspot training |
$8,229.00 |
| Payroll officer additional day |
$28,928.00 |
| Student Media Conference |
$11,447.04 |
| Mediation Training for Principal Solicitor and WHS officer |
$2,101.82 |
| Honi Soit Stands |
$4,100.00 |
| Total |
$299,627.65 |
For a copy of our audited financial statements please click on the years below:
2024 SRC Audit