Greek vs. University Administration

As already posted, I am leary about all finances being handled through the unviersity.

At my university, student organizations "had" the option of having a foundation account. Having an account was slightly benefitial but most orgs found it to be slow, and painful, especially for reimbursing memebers. Most organizations only had a foundation account because they were required if the org recieve university funds, or for catering and other campus services. All the orgs that i was invovled with also had accounts with local banks for everything else.

One Question is the requirment to send all money through the university for all organizations or is this only being applied to the Greek community? If its only to the greek community, you might have a case to prevent university interferance.

best of luck
artimis