My sorority just changed elections from academic year to calender year. We did it because our national convention ( it was changed from 1 per semester in Spring 03) is in the summer and we are required to have our president and our national rep at convention for the business meeting, so if a senior was the president or the national rep and they have graduated they are considered alumni ( as we all know) and have resigned their office. With an academic calender the new person in the position wouldn't take office until Fall semester, a calender year just works better for us.
There are a few sororities on my campus that do the calender year because it's easier to transition offices come spring semester.
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