Finances
Sigma Nu Epsilon Eta Chapter
The University of Tennessee
Knoxville
Finances
Finances are an essential part of any fraternity. As a member of Sigma Nu, you will recognize your responsibility in the prompt payment of bills and dues. To run a chapter successfully, members must contribute their fair share.
Candidate fees
One-time new candidate fee
Each new member pays a one-time, non-refundable $150 new member fee to Sigma Nu Nationals. This fee is due before the new candidate ceremony (at the beginning of the semester) and covers the costs of a new member pin, a fraternity tie, other materials and enrollment into Sigma Nu’s National records.
One-time new initiate fee
Each member also pays a one-time, non-refundable $250 new initiate fee to Sigma Nu Nationals. When a new member meets the educational requirements established by the chapter, formal initiation into Sigma Nu as a lifelong member takes place. The initiation fee covers an initiate pin, certificate, membership card and permanent placement in the records of Sigma Nu at our headquarters in Lexington, Virginia. Discounts are available for academic performance during your candidate semester. If a candidate makes a 4.0 GPA during their candidate semester, the initiation fee is waived. Obtaining a 3.50 to 3.99 GPA will result in half of the initiation fee being waived and candidates who earn a 3.00 to 3.49 GPA will receive a $100 discount.
Candidate dues
Each candidate must pay $1,150 the semester he is a candidate with Sigma Nu Fraternity.
Brother dues
Sigma Nu dues are a tiered system based on the number of semesters a brother has been active in the fraternity.
- A brother’s second through fourth semesters dues are $1,300 (in-house) or $1,500 (out-of-house).
- A brother’s fifth and sixth semesters dues are $1150 (in-house) or $1,350 (out-of-house).
- A brother’s seventh semester (and any additional semesters) dues are $1,050 (in-house) or $1,250 (out-of-house).
- Summer dues are $250 for each brother.
A $75 discount is offered to each brother who pays his dues within the first 30 days of the semester or a $50 discount for paying within the first 30 days of the summer.
