Weighing the Costs

You will have financial responsibilities when it comes to joining any fraternity. You will need to understand the nuances and intricacies of any organization that you are interested in joining. The financial factors may play a role in your decision.

Financial Obligation of Membership

Pi Kappa Phi places a large emphasis on understanding the financial obligations of membership prior to joining. Once you join a chapter of Pi Kappa Phi , you will be expected to fulfill a financial obligation for the full tenure of your undergraduate education.

 On a national level, there are four costs the chapter will incur on behalf of its members:

1. A one-time pre-initiation fee of $70 (some chapters will charge $85 to include the cost of a $10 White Diamond associate education manual and $5 white diamond associate pin).
2. A one-time initiation fee of $195 (some chapters will charge $210 to include the cost of a $15 member badge).
3. Annual national membership dues, $130 ($65 per semester).
4. Annual liability insurance, $180 (this can fluctuate year-to-year based on the greater organization’s recent claim history).

 Many chapters decide to incorporate all the national fees into their local dues structure. Pi Kappa Phi’s governing bylaws allow each chapter to set and levy their own dues beyond the national minimums. Typical semester dues will include other local fees such as housing, Interfraternity dues, social activities or meal plans. The amount in dues you pay each semester will depend on where you go to school.

 You need to be aware of these, and all associated costs before committing to Pi Kappa Phi. Prospective members often find that creating a four- or five-year, personal budget will aid in determining whether or not Pi Kappa Phi is affordable for them.