"The Ubyssey" is an independent publication funded by a $6.89 annual fee, from which students can opt out. The staff functions as a collective; current UBC students who have contributed to the paper and attend staff meetings are eligible to become staff members. The staff elects the full-time editors on an annual basis. The Ubyssey Publications Society board and president, who deal chiefly with management of the business affairs of the paper and do not play any editorial role, are elected by the general student body annually.