I think it is fair because you have to look at the fact that people going to Yale may do better in school then those going to another university where students do not do as well in school. Therefore, in order for them to be the highest they have to at least beat those who are taking similar classes. Otherwise, they luck out because it may be that they just happen to be better students and not have anything to do with working hard.
I've never heard of that kind of a method, but when I think about it, it does make sense. How can you receive an award for highest GPA if you can't even beat the average at your university.
Plus, if the chapter that has the highest GPA in the fraternity wins, but they are below average when compared to those at their same university, what does that say about the rest of the chapters at the other universities? Nothing good from my point of view. I'd rather hear of a chapter ranked at the top in both areas than one ranked in the top within the fraternity.
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