It's for financial purposes. The SSN gets registered to a financial agency (e.g. Omega financial) so they can collect dues from you if you neglect to pay.
I think that you are able to register your SSN directly with Omega, rather than giving it to the fraternity. The less people getting their hands on your info, the better. Not only that, I think if you don't want to use your SSN, Omega can give you an ID number (much the way medical insurance does).
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It is all 33girl's fault. ~DrPhil
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