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Finance and Insurance

2023 - 2024 Dues/Fees Information

Fraternity Fees Calculator

Select the location for fee calculation.
Enter the number of active members in the fraternity.
Enter the number of new members joining the fraternity.
Enter the number of inactive members in the fraternity.
Enter the number of active members abroad.
***Check this box if the fraternity has any outstanding chapter debt.***
*Please ensure all numeric fields are filled before calculating.

Charge Amounts

 

Charge TypeAmount per SemesterAmount per Year
Membership Dues US and CA$80$160
US Health & Safety Fee$120$240
CA Health & Safety Fee$25$50
Initiation Fee  US and CA$345$690
Event Fee $1100/chapter$2200/chapter
Inactive Member & Active Abroad Fee$25$50
Debt Retirement Fee$50/member max$100 / member max

Member Charge Breakdown

  • Active Member Fees: These are charges associated with developing resources for chapter operations, chapter travel/in person visits, staffing, and general operations of the International Fraternity, and its headquarters. Active members pay membership dues, health & safety fees, and debt retirement charges (if applicable)
  • Inactive Member Fee: Fee charged for undergraduate members who are not on an Active or New (Associate) Member status with the International Fraternity. This is a temporary status designed to help members with unforeseen circumstances. DKE allows up to 5% (or two members if larger than 5%) of Chapter Membership to be placed on inactive status each semester.
  • Active Abroad Fees. Undergraduates studying abroad for longer than 6 weeks of the semester can maintain their membership commitment with a $25 fee.
  • New (Associate) Member Fees: Initiation fees are a one time charge associated with onboarding new members into the Fraternity, including items like active member (diamond) pin, recognition (lapel) pin, and membership scroll as well as educational resources like member onboarding and chapter travel to initiations.New (Associate Members) are charged initiation fees and health & safety fees.
  • Health & Safety Fees: These are Charges associated with liability insurance, legal coverage, building and maintaining a reserve fund for potential claims, and educational resources surrounding health and safety.

Budget Template

Treasurer Training Videos

Insurance FAQs

Chapter Financial Health Resource

Recommended Vendors

Alpha Fraternity Management

 

Alpha Fraternity Management is a property management and financial services organization specializing in:

  • Property Management
  • Property Acquisition
  • Dues/Fees Collections
  • Financial Services

DKE has enjoyed a long and successful partnership with AFM, including a national property management and an administrative services agreement. Please visit https://alphafraternitymgmt.com/ for more information.

 

Crowded Banking

 

DKE is excited to announce a new banking partnership with Crowded, a financial technology company specializing in fraternities that offers one platform to store, collect, and spend chapter funds. This is an optional service, but one we think solves a lot of the problems officers face every year, such as the hassle of transferring officers on/off the account, filing annual tax returns, and controlling expenses. Their services include:

  • Digital Visa® debit cards for members
  • Mobile app and web portal
  • Fully digital officer transitions
  • ACH for vendor payments
  • DKE branded debit card
  • Easy dues collection

If your chapter is currently bankless, without a dues collection system, or just looking for a change, we recommend you look into Crowded. Opening a Crowded account is simple, and setup can be completed in minutes. To open a banking account please schedule a time here or for more information on the Crowded partnership, please contact turner@dke.org.