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Our chapter, on a three-quarter per year system, always had dues due at the begining of each quarter. If you paid them the first week, you got a bonus of 1% (I think) and if you were past the due date (2st week, again, I think) by more than a week, you had a small penalty (unsure of how much.) We, on the whole, weren't too bad about it, though. Money's been tight recently, with a decline in memebers, but we budget fairly effectively.
Until recently, we had a phenominal amount of alumni debt. We turned to a collection agency, as well, and the problem was solved.
This is a slightly different topic, but, I'm always upset about our alumni relations. We always have a great number comming back for homecomming and "Pig Week" in the fall and spring, and we always do well in the "total gifts to the general fraternity" by chapter in the C n C... but I've never seen a cash flow from alumni to the chapter. Is that normal?
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