I'm horning in too. My roommate from junior year dropped out of school for a year & 1/2 and then came back and was active. As long as you don't have outstanding $$$ you should be OK.
James - I think grad students usually go on what is called special status. They don't have to attend everything but can go to the formals, rush parties etc if they want to. It's almost impossible for them to be on the same membership status as undergrads cause the grad programs are so much more time consuming.
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