Schools that need to open for NPC expansion

[irishpipes]

Originally Posted by 2013PNM

As a current chapter member at Alabama, we are in serious need of an expansion. The size of our chapters is getting out of hand, my pledge class ended up being over to 130 girls after the two COB periods that every chapter participated in this year (Fall and Spring).
I feel a new chapter could be very successful with the growing number of PNMs going through recruitment. Alpha Phi and DG are wonderful examples of how well new chapters have done on campus.

I think a lot of the problem at Alabama is that they have priced themselves out of the market. There are a couple of groups that are not presently on campus that could probably make the financial commitment, but not all 26 groups could. Additionally, some of the groups not already on campus have zero name recognition in Alabama and would be taking a HUGE risk to go on there. I could see maybe 3 additional NPCs taking the plunge there, but that's about it.

(And all of that is totally my opinion, I don't know the inner workings of any NPC.)

[AnchorAlumna]

Originally Posted by 2013PNM

As a current chapter member at Alabama, we are in serious need of an expansion. The size of our chapters is getting out of hand, my pledge class ended up being over to 130 girls after the two COB periods that every chapter participated in this year.

Current total is, I believe, 260...which is pretty staggering. Many chapters are 300+.

Originally Posted by irishpipes

I think a lot of the problem at Alabama is that they have priced themselves out of the market. There are a couple of groups that are not presently on campus that could probably make the financial commitment, but not all 26 groups could.

The thing is - the present arrangement for building loans with the university is just...unprecendented, anywhere. UA is investing in Greek housing by loaning the money for building. UA owns the land, and always will. If a chapter defaults, UA gets the building. Any other time or place, the chapter would have to go to commercial lenders, which is really difficult with no collateral. It's the best time in history to bring a chapter onto campus.
But it's also the most expensive time.
I can't even wrap my head around a mortgage payment for a $12 million loan.
And what happens when, inevitably, it becomes uncool to be Greek and membership numbers drop?

[2013PNM]

Originally Posted by AnchorAlumna

Current total is, I believe, 260...which is pretty staggering. Many chapters are 300+.

Chapter total is 360.

[AnchorAlumna]

Originally Posted by 2013PNM

(U of Alabama's )Chapter total is 360.

That's right! I thought 260 didn't sound correct. Thanks, 2013PNM!