The University does not fund it... a MANDATORY FEE charged to all students fund all types of organizations... mostly liberal. Sorry, but I think the liberal manifest of organizations require the same degree of FAITH you will find in any religious group, the difference is they worship different gods. To me they are nothing more than the Church of Liberalism.
A mandatory fee is de facto funding. I suppose today it might be best to scrap the system and let groups self-fund. Something tells me the University wouldn't like that.