Pros/Cons of Being a Charter Member?

[tea&krumpets]

Hi all! My roommate is thinking of being a charter member of a Panhellenic sorority that is colonizing on our campus this spring. (Obviously she has to make it through all the rounds & get a bid, but that time is quickly approaching.)

There a lot of factors she is considering, but one of the major questions she has is what the benefits and drawbacks of being a charter member of a new sorority are?

I was going to set her up to have lunch with some members of my (sorority) family who were charter members, but their busy schedules are hard to sync! Any advice/comments/etc. are most appreciated!