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-   -   Actual Cost of Inter/National Membership (http://www.greekchat.com/gcforums/showthread.php?t=248670)

LaneSig 02-07-2024 09:31 AM

Actual Cost of Inter/National Membership
 
In the past couple of years, there have been chapters that have complained about the cost of Greek Life being a detriment to membership for some.

What is the actual cost of membership for your organization that are set by your org for all members? Not including local dues or housing.

Sigma Chi - $500
$100 pledge fee
$200 initiation fee
$200 membership fee (after initiation and spread across the first two semesters of full membership)

There is also a portion of fees paid to HQ for risk management insurance. It is less than $50 a semester (I can't remember the cost per person right now).

PKT4LIFE 02-07-2024 08:40 PM

Here's our 2023-24 Fee Structure:


I. Association Fees - A one-time fee for new members when they join.

Association Fee - $235 (No increase from previous billing) This includes initiation fee and badge.

Housing Fund - $15 (No increase from previous billing)

Total: $250

II. Membership Fees – Billed to each active member at the beginning of the semester.

Member Dues - $102.50 (Increased 18% to adjust for inflation since 2019)

Health & Safety Program - $163.00 (Increased 16% as insurance premiums have raised)

Housing Fund - $7.50 (No increase from previous billing)

Total - $273.00

III. Chapter Fees - Billed each semester to the chapter as a whole.

NIC Dues - $210 (Increased 19% to align with current NIC fee structure)

Chapter Fee - $500 (No increase from previous billing)

Conference/Education Fee - $1,492 (Increased by 17% to account for increased programming cost and educational support)

All chapters will receive a $765 credit towards their Conference/Education Fee for Fall 2023, as authorized by the 65th National Convention of Phi Kappa Tau.

PKT4LIFE 02-07-2024 08:41 PM

Here's our 2023-24 Fee Structure:


I. Association Fees - A one-time fee for new members when they join.

Association Fee - $235 (No increase from previous billing) This includes initiation fee and badge.

Housing Fund - $15 (No increase from previous billing)

Total: $250

II. Membership Fees – Billed to each active member at the beginning of the semester.

Member Dues - $102.50 (Increased 18% to adjust for inflation since 2019)

Health & Safety Program - $163.00 (Increased 16% as insurance premiums have raised)

Housing Fund - $7.50 (No increase from previous billing)

Total - $273.00

III. Chapter Fees - Billed each semester to the chapter as a whole.

NIC Dues - $210 (Increased 19% to align with current NIC fee structure)

Chapter Fee - $500 (No increase from previous billing)

Conference/Education Fee - $1,492 (Increased by 17% to account for increased programming cost and educational support)

All chapters will receive a $765 credit towards their Conference/Education Fee for Fall 2023, as authorized by the 65th National Convention of Phi Kappa Tau.

Cheerio 02-12-2024 03:18 PM

As far as I've been led to believe, our InterNational Collegiate Dues paid directly to HQ are still just under $200.00 per member, same as when LaneSig last inquired on this topic.

ETA: From scrounging the internet, I'm assuming the price mentioned above is Per Person, Per Semester. It does not include a permanent Membership Pin, price starting @ $99.00 and goes up depending upon member jewelery preference.


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