BΘΠ Financial Breakdown

Q:  How much does it cost?

A: One Time Initial Fees: Spring 2010
$123.00  Pledge Fee (one-time)*
$ 60.00 Insurance
$ 50.00 Activity Fee
$239.00 Initiation Fee (one time)*
 $472.00 Payable by April1, 2010

Fall 2010 Dues:
$120.00 Yearly Insurance / Membership Fee (due in Fall)
$70.00  General Fraternity Dues
$20.00  University Dues ($10 yearly + $5 IFC shirt + $5 GMT – payable in spring)
$410.00 Chapter Dues (To Be Determined by Reestablishment Class)
 $620.00

Fall 2010 Housing and Dining:
$2650.00 Room (Price for semester rent of double/triple occupancy room)
$1700.00 Board (Price for semester meal plan)
$4400.00 

TOTAL FOR LIVE-IN MEMBER PLEDGING IN FALL / INITIATING IN SPRING:
 ($620 – dues and fees) + ($4400.00) = $5020.00

 Spring 2011 Dues
$70.00  General Fraternity Dues (based on Spring Active Status)
$410.00 Chapter Dues (To Be Determined by Reestablishment Class)
 $480.00

Housing and Dining:
$2700.00 Room (Price for semester rent of double/triple occupancy room)
$1700.00 Board (Price for semester meal plan)
$4400.00

TOTAL FOR LIVE-IN ACTIVE MEMBER- SPRING 2011
 ($480.00) + ($4400.00) = $4880.00

ESTIMATED YEARLY TOTAL FOR LIVE-IN INITIATED MEMBER
 ($5020.00 - Fall) + (4880.00 – Spring) = $9900.00

*Facility Fees for Members or Pledges Living Out of the House:
 $300.00 Parlor Fee
 $300.00 Yearly Meal Plan (Sunday evening dinner each week)
 $600.00

*Parking for Members or Pledges Living In the House is included in the overall total
Some of these costs can be offset by $100,000 in scholarships that are offered each year by the Beta Theta Pi Foundation or by the $3000 in local chapter scholarships.