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LCA 101: Understanding the High Tau and High Gamma Positions

LCA 101: High Gamma and High Tau

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

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