Alpha Kappa Psi is one of the most prestigious, oldest and largest business fraternities in the world. It’s also known as “AKPsi (ΑΚΨ)” and is currently headquartered in Indianapolis, but was originally founded over 115 years ago, in October 1905, at New York University.
The fraternity has almost 300,000 members, spread over 219 universities in 4 countries. Some of the most notable alumni of Alpha Kappa Psi are former U.S. presidents Ronald Reagan and Richard Nixon, but the alumni list also includes over 50 senators, representatives, U.S. secretaries, 3 federal judges, over 30 U.S. governors and multiple state legislators, judges, and civic leaders. Not to mention, the founders of Home Depot, J.C. Penney, and Marriott International.
Benefits of joining Alpha Kappa Psi
- Being associated with Alpha Kappa Psi is a massive boost to pretty much any career you want to pursue.
- The prestigious fraternity’s name carries a lot of weight in both the political and business world and alumni are known for watching out for each other.
- Networking is one of the main objectives of the fraternity, so you will have a bunch of connections to some of the most important people in business and politics.
How to apply to Alpha Kappa Psi?
That being said, getting into Alpha Kappa Psi is far from an easy task:
- You need a minimum GPA of 3.0.
- Filling an online application and bid interview.
- Complete an eight weeks long process that consists of one meeting a week.
- Complete a certain amount of interviews with some of their active members.
How much does it cost to pledge Alpha Kappa Psi?
You also have to pay fees to become a member of Alpha Kappa Psi. The price can differ from chapter to chapter, but in general, the costs to join Alpha Kappa Psi are as follows: an initiation fee of about $84.00, which covers the cost of a membership card and certificate, and other miscellaneous things that will help guide you through your life at ΑΚΨ.
Then there are also pledging dues, split into two payments of $60.00 at the beginning and $90.00 at the end of the process. And on top of all that you have the membership dues, which average out at about $160.00 a semester, so about $320.00 a year.
While there is some financial commitment, it is relatively small considering the potential benefits one can reap from joining such a prestigious fraternity.