In this new series, we are working to break down some of the processes of each officer position so that your chapter/colony is set up for success no matter where you are. Kicking things off, let’s take a closer look at the High Tau and High Gamma positions and how you can better manage the financial health and membership roster of your chapter/colony.
Key Takeaways
- As the High Gamma of your chapter/colony, you are tasked with managing your chapter/colony’s membership roster within OmegaFi. The best reference to membership status questions is the Constitution and Statutory Code in Article 4. Two deadlines to keep in mind are March & October 15. Any member on your OmegaFi roster on these days will be included in your chapter/colony’s bill from the Office of Administration.
- As the High Tau of your chapter/colony, you will utilize OmegaFi as a billing tool & payment platform. OmegaFi allows chapters/colonies to safely assign charges, collect funds and pay bills. Remember that your billing groups, charges, cycles, and bill pay funds are customizable to fit your chapter/colony’s needs!
- Charges broken down:
- Associate Member Fee
- $112
- One-time fee
- Charged upon reporting within OmegaFi
- Initiation Fee
- $235
- One-time fee
- Charged upon reporting within OmegaFi
- General Fraternity Active Dues
- $88
- Charged each spring (March 15) & fall (Oct. 15)
- Charged to all collegiate Brothers & Associate Members not initiated in their first academic term
- Risk Management Assessment Fee
- Base amount for Spring 2021 is $101.66 with varying credits and debits assigned based upon a chapter’s/colony’s Risk Management Assessment (RMA)
- Charged each spring (March 15) & fall (Oct. 15)
- Charged to all active members, including collegiate Brothers and Associate Members
- Chapter Dues & Fees
- Base Chapter Fee
- $80
- Charged each spring (March 15) & fall (Oct. 15)
- Fixed cost regardless of chapter/colony size
- Base Chapter Fee
- Associate Member Fee
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