How Much Does a Fraternity Membership Cost?
A fraternity is defined as “a male students’ society in a university or college.” Millions of college students all over the world are members of different fraternities. Although many people envision a fraternity as a chance to party, a fraternity can actually serve a number of purposes. One of the primary reasons for joining a fraternity is to meet people and build a wide network of friends or “brothers.” A fraternity can also provide a source of support since the brotherhood provides tutoring, upperclassmen counseling, and chapter study hours. While anyone can request membership to a fraternity, there may be requirements that need to be met
How much does it cost?
- On average, plan on budgeting anywhere from $90 to $500 per month once you are a member of the fraternity. This fee is going to greatly vary depending on what services and opportunities the fraternity provides; the type and level of membership; and the school you are attending.
- On an online forum at talk.collegeconfidential.com, someone shared that the average cost to be a fraternity member who opts to live in a fraternity house is $3,300 per semester and $2,300 for a member who does not choose to live in the fraternity house.
- The Interfraternity Council at the University of Washington has this average cost in a fraternity that ranges from $1,700 to $3,500.
What is going to be included?
- The cost of membership is inclusive of room, board, dining plan, and fraternity dues. All fraternities will vary, though.
- Some fraternities will include fraternity wear such as shirts, hats, etc. Others will require that you purchase these separately.
- When you join a fraternity, there are many benefits that include social events, open houses, parties, study groups, trips, etc.
What are the extra costs?
- Insurance is one of the major expenses to consider. Make sure that you covered under either the college or the fraternity!
- New members are required to pay a one-time fee during the first semester in the association. This includes a pledge or new member fee and is sometimes called an initiation fee. At the Interfraternity Council of the University of Washington, for example, the average new member fee is $240.
- Fees may fluctuate each year. Plan on budgeting at least $200 to $500 a year for miscellaneous fees.
- Some may not include the housing expenses in their membership. If this is the case, the annual costs can go up by thousands of dollars.
Factors that influence the price:
- Membership varies from one fraternity to another because each has its unique dues structure.
- Price also depends on whether or not the fraternity has a house.
- You can opt to live in the fraternity house or simply to be a member without taking advantage of the facility.
- A fraternity usually requires some sort of one-time fee.
- New member fee and initiation fee may vary from one fraternity to fraternity.
Tips to know:
- While it may seem that fraternities are very expensive, you have to consider that you will have to pay for room and board either way. To live on campus in a dorm is cheaper than it is to live in a frat house, but the extra costs may be worth it for the benefits the fraternity offers.
- Many fraternity chapters keep a sinking fund of varying amounts to be used for other expenses, such as T-shirts, party favors, and party photographs.
- Fraternities are committed to community service as well as providing support to national and local philanthropies, where members volunteer their time and raise money for worthy causes. If you are not actively participating in these community service opportunities, your membership may be revoked.
- New members are required to undergo a period of probation, called “pledgeship,” where they get to be oriented with the organization. During this period, they will learn the history, traditions, and operating procedures of the group, as well as take part in the different group activities to meet and know other members.
- Make sure you research the history of the fraternity as a whole as well as the specific fraternity at your school. This will help you determine if this is right for you.
How can I save money?
- Although living in a fraternity house allows you to develop a closer bond with your brotherhood, it is still financially wise to live outside the said facility where accommodation can be so much cheaper.