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I know that this isn't done much anymore, but at some chapters/schools, initiation held over until you come back from the following semester (for grade purposes). If you don't have the GPA when initiation comes, you are held over (and have to re-pledge) until the next semester's grades are out (if they improve).
My school and chapter (AXiD) did this. I don't know how common this is or if that still happens (formal recruitment is now deferred for freshman), but it was normal for all chapters on my campus at the time.
Not sure if this is the same issue, but I wanted to share my experience.
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