it sounds like you may be the only advisor this chapter has. if that is the case, then you will need several hours per week. by the time you attend exec meetings and check in with different officiers, etc., etc., the hours will add up.
being so close has its good points and bad points....so you may want to think about that too.
if there are going to be several people on the committee with you then definately go for it. if not, then you should really think about it.
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