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Carnation, do you think we could get this stickied? (Although there are already 11 million stickies.)
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Hey you.
Yes you. The PNMs out there thinking about taking out extra student loan money to pay for sorority expenses. Let me be the first to tell you that Sallie Mae is going to want her money when you graduate and she is not a very nice person. |
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I shouldn't have to say this, but If you take a job to pay for school and your dues - don't forget to go to class? :( |
Bumping and adding my alma mater's newest piece of NPC financial info: here.
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Given all the upthread posts about alumnae dues, I wonder if any PNM financial information includes details about that, too. The ones I've seen only list New Member and Active financial obligations. If not, how and when do you inform your members about their financial obligations as an alumna?
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I wouldn't really worry about telling a freshman PNM that in 5 years she may have annual alumnae dues that cost less than a Costco membership.
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Our new members and graduating seniors are informed that they should pay their national per capita dues when they are alums. This amount is tied to an index so it can vary from year to year. Each alumnae group sets their own dues and can change them annually so that specific information is not possible to pass on.
Fifty year members do not have to pay any dues...but certainly may, if they want. |
We're not NPC, but our alumnae dues and collegiate dues nationally are both currently the same ($35/year). New Member (MIT) pledging fee is currently $50, and Initiation is $250 and includes the regulation semi-crown pearl vermeil badge. The upgrade to the full-crown 10k badge is $80 extra on the Initiation fee. That upgrade is actually the only new member related thing that has changed in the last three years since my own initiation. It was $50 when I opted for it myself.
As for chapter dues, each chapter (alumnae and collegiate) set their own local dues just like other orgs do. Also, our International Chapter (for sisters who don't live near another active chapter) has its own yearly dues, which are currently $20 a year. |
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When I was told how much alumnae dues were when I graduated, I was like "That's it?" |
Bumping this for Fall 2015!
PNMs, know what this is going to cost you and make sure that you are prepared! |
Bumping.
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Bumping. Because being Greek is not fun if you have to depledge because you "didn't think it was going to be so expensive."
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As our chapter's financial advisor, I thank you for putting this out there. Again.
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Another alum here! Other things to consider:
Will add more of these as I think of them. Sorority membership is absolutely a luxury ... |
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Again, if you have to work to help pay for rent or tuition, maybe sorority life is just not for you? This is something to think long and hard about BEFORE recruitment. Especially if you are on a campus with big houses and higher dues.
There are lots of activities, and it is just no fun if you can never go to them if you have to study or go to work. There are fines if you miss recruitment or workshops or philanthropy events, too. Some chapters are more friendly about excusing absences for work or for SGA or athletics and some are not. This is something to ask your friends in sororities about BEFORE recruitment. Finally, if you have to drop because of money, you cannot come to events. You cannot wear letters. Anything you bought with the crest or letters on it, you are supposed to give it back to the chapter. (Although I suppose you could sell it on ebay.) |
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And if you KNOW you'll have to work to pay tuition and you KNOW you want to go Greek at some point in your undergraduate career it may be wise to look at sorority costs while deciding on a college. I am not an advocate of going to college just to go Greek but if School 1 is going to cost $10k a year to be in a sorority and School 2 will cost $1000 and they both have the same program you want, that is something to consider.
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The most important thread you will ever read!
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From the "Dad" perspective, I really appreciated the financial obligation form my daughter received before she joined her sorority. It gave a complete break-down of all the expenses and my daughter and I were able to have an adult conversation about the "investment" she was about to make and how much she was willing to contribute to her lifelong commitment. The university she attends provided a pretty broad range of what students and parents can expect. After she accepted her bid, she received the 8-page legal contract again outlining her financial obligation and level of commitment. I made her read it and ask questions before I signed it. So glad the chapter included the parents as part of the awareness.
This is a challenge for the fraternity I advise at a much smaller campus (annual dues less than $1,000 for active members, around $1,200 for pledge year), but guys still pay late or not at all before suspended or they flunk out. We ask the men to share the info with their parents, but many don't for fear of parents not letting them join....different conversation for a different day. This fall, the chapter finally instituted a contract to help with the collections problem. |
The difference between how fraternities and sororities collect dues boggles me, honestly. My friends in IFC fraternities routinely complain about brothers not paying dues or being behind and then not having funds to do things, but in ADPi you've got 30 days to pay or your membership is revoked. No dodging the treasurer with us.
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We had the option of paying monthly or quarterly, but even if you paid quarterly there was no discount - not that there should be, but I always paid quarterly to get it out of the way and I wouldn't have minded a little incentive. |
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Does your fraternity utilize an online billing and payment system? GreekBill and BillHighway are two popular ones. We use Greek Bill and it automatically generates the Honor Board paperwork when someone goes one minute past due. It takes the vp:finance out of of the line of sight because our members also pay directly to GreekBill. You might ask around your campus for options.
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Greek Bill is Awful
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I know that it streamlines the process of collecting dues and hounds those with emails that haven't paid. But, I would think that each NPC could develop their own version at a far less cost and alleviate some of the financial burden on each member. Also, when I opted to pay my daughter's dues by semester, I got monthly reminders. When I questioned Greek Bill why I got an Oct notice for a bill that wasn't due until January, they said that is the way their system worked. I can't imagine if other organizations harassed you for payment before the due date. (Imagine getting a reminder about your mortgage every week until it was due--even though only due once a month!) For those not using Greek Bill, be happy you are not! |
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I wish there would have been GreekBill around when I was a collegian! My BFF and roommate was Chapter Treasurer. It was tough on her. She had to hound sisters and call them to Standards when they didn't pay their bills. The billing companies take the sisterhood part out of being in a sorority for sure. However, they help with the "Business" side since so many parts of a sorority/fraternity are run and handled like a business. I can't imagine what the fees are like for a chapter at Ole Miss where some average 500 members! But in the long run, it's probably worth it. It also means the financial adviser doesn't have to spend as much time writing reports and the like.
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Slight lane swerve, but not.... one of our chapters did a presentation last year about how much money they would have in the budget for fun things if everyone in the chapter did electronic funds transfer rather than credit card payments in OmegaFi... and then they rewarded their members last year with a "free" formal if they made the switch at any point during the year.
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Groups using Greek Bill should be more creative and consider how this is perceived to those who are already shelling out thousands of dollars for membership. |
My daughter's sorority uses billhighway and it is okay but not great. I have to say I really like that her sorority fee is all inclusive. It literally covers everything and we have not paid one dime more for anything other than specific clothing for events. All t-shirts, sisterhoods, crafting supplies, mixers, formals including date's ticket, gas to specific functions, etc... some of her friends in other sororities complain that their tshirt order or events get canceled because girls don't have the extra money at the time. At least this way they can budget as an organization and parents have a clear financial cost.
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Is the $37 fee for GreekBill a new thing? Because I know that wasn't in place when my daughter was an active Pi Phi from 2013-2016. There were no usage fees.
We use BillHighway and I like it, for the most part. It doesn't charge a member fee, but it does charge late fees directly to the member. We bill members back for the credit card fee. We have 100% collection rate and the only time we ever have any issue is when an occasional member disaffiliates with an outstanding dues or parlor fee balance. |
As far as I know, GreekBill charges chapters a fee per member per year/semester. How the chapter passes that onto the members is up to the chapter. There are transaction fees on credit card payments that the chapter must absorb, but they are in line with normal credit card transactions fees.
Coming from the days of tracking down members with bounced checks to pay again, GreekBill is a blessing. |
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Let's say there are 150 women in a chapter each paying $37/semester, multiplied times 150 collegiate chapters x 15 NPC groups using their services, that's almost $25M dollars in transaction fees/year!!! Their service is not worth that much! I am sure there has to be a more reasonably priced alternative to this company. |
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