Initiation Fees, Billing, and Payment Information
Chapter treasurers are responsible for the financial health of their chapter. This page contains information about the initiation fee, billing process, and making payments to HQ. Additional resources for treasurers are also included.
Initiation Fee
Each Tau Beta Pi chapter sets its own initiation fee. Chapter officers are the best resource to determine the total fee. In 2017-18, the average fee was $84.79.
The current Association fee is $55, (effective August 1, 2016) which includes:
- $10.00 for Engraved Membership Key
- $4.00 for Official Membership Certificate
- $1.00 for Official Membership Card
- $12.00 for Four-year BENT subscription
- $2.00 for Copy of Constitution, Information Booklet, etc.
- $10.00 for National Convention Assessment
- $16.00 for Expenses of the Association
Loans are available for students who cannot afford the initiation fee. No student should decline membership because of cost! A life subscription to The Bent is $95, and the remaining portion of a 4-year subscription can be applied to a life subscription to the magazine. An electronic only (receive in PDF or DigiMag format) subscription is $45.
Billing Process
Initiation fees are due to HQ within two weeks after initiation. Contact
if your school requires an invoice or statement prior to releasing these funds. You can also order supplies and materials from HQ and have the items billed to your chapter account. Monthly statements/invoices are emailed to each chapter treasurer, president, and chief advisor showing all charges, credits, and balance due.
Chapter Payments
Promptly pay HQ each month after receiving your chapter's invoice/statement. You can pay your balance by check or credit card. When paying your initiation fees, send a SINGLE check; do not send individual checks or cash. A $25 returned check charge for lack of funds will be billed to your account. The Association has a new email address for any chapter billing, payments, statements, or accountng questions. Contact TBP HQ at
Additional Financial Resources
- IRS Form 990-N Information and Due Dates
- Financial Report
- Treasurer Duties - Constitution & Bylaws, - Bylaw V, Sec. 5.03(e)