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Paying for Fraternities & Sororities

There are various types of fraternities and sororities—social, service, professional, and honorary. In college, you’ll generally encounter the social fraternity or sorority. Many fraternities and sororities are national organizations with chapters at individual schools. (Their names are combinations of letters in the Greek alphabet, so they are often referred to as “Greek.”) It's a lifestyle option that can offer the advantages of friendship and personal growth.