Each subject specialist manages one or more funds to pay for collection materials in the subject areas they're responsible for. These funds can be used, within the subject area they are allocated for, for any material that will be added to the general collection and available to the MIT community.
Fund lines for earnings are designated in the fund code E-XXX-XEXX. The earnings on the fund can be expected as an allocation each year with some variability due to fluctuations in the financial markets. Any unspent balance in an endowed earnings fund line will carry forward into the fund line for the accumulated balance at the end of the fiscal year.
Fund lines for accumulated balance are designated in the fund code E-XXX-XAXX. Any unspent money in this fund or in the associated earnings fund will carry forward into this fund in subsequent years.
Descriptions of restrictions can be found in Alma in the Fund Note.
Each CoP and CSA has serial funds (CMMT). Funds are outlined below.
Arts & Humanities | S-A.H-CMMT |
Aga Khan Documentation Center (AKDC) | W-KHN-CMMT |
Science & Engineering | S-S.E-CMMT |
Social Science & Management | S-SSM-CMMT |
Interdisciplinary | S-CSM-CMMT |
Large journal packages |
S-IRC-CMMT |
Each library location has a fund to pay for books purchased on the approval plan (see also One-time orders).
Funds that carry forward unspent balance from previous years. Used for strategic purchasing.
Funds for central purchases of one-time or ongoing materials.
Fund to cover the cost of replacing missing, lost, or damaged books. See procedure document.
Fund for course reserve staff to purchase books requested by faculty for course use. See procedure document.
Central fund used to cover the cost of items purchased by patron request.