Finance management is one of the most important aspects of running a chapter of Phi Kappa Tau. With proper management, a chapter ensures its members all the benefits the Fraternity offers.

Download an outline of financial responsibilities for chapters and colonies.

In the event that a chapter is not managing its finances properly, the following policy will be put into action.

• At 30 Days: Warning Letter – An e-mail will be sent to the chapter president, chapter treasurer, BOG chairman, financial advisor and Domain Director informing all parties of the delinquency and requesting immediate action.
• At 60 Days: Suspension of Chapter Activities – The chapter/colony leaders are required to pay in full or contact the Executive Offices to begin arrangements to pay their obligation with a payment plan. All chapter activities will be suspended pending written verification that an acceptable plan of action has been put in place.
• If an Executive Offices' invoice on the chapter account exceeds 30 days, a finance charge of 1.5 percent a month (18 percent a year) will be assessed against the invoice balance.

If any chapter in good standing is worried about managing its finances appropriately or would like to guard against financial deliquency, the following policy is available in conjunction with Phi Kappa Tau's Executive Offices.

Payment Plans