UNIVERSITY OF MISSOURI PAGE 4
INVESTING IN OUR BROTHERS OF TOMORROW
Decreasing the Financial Burden of Being a Phi Delt
A
s the national office of Phi Delta Theta invests in the men of our fraternity through their programs, we too must give back to the men within our
own chapter. As Sean Wagner, CEO of Phi Delta Theta, shared, "Our goal is to truly make good men great as we guide our young Phis to become
men of character on their way to a purposeful life." We know there are many obstacles facing college students, finances being one of them.
WHAT WE ARE SEEING
RISING COSTS ON COLLEGE CAMPUSES
Nationally, rising costs of tuition, housing, textbooks, and other college-
related expenses, including fraternity and sorority membership and
housing, have put stress on today's college students.
Tuition at the University of Missouri
* The Department of Higher Education & Workforce Development
Obtained from https://dhewd.mo.gov/data/tuitionandfees.php, based on
30 credit hours, full-time student.
Because our fraternity is an extracurricular organization that needs membership dues and housing dues to fund operations, increasing costs across the
board are hitting our members hard. It is heartbreaking to see men who could be great members of Phi Delt decline because of the financial reasons.
GROWING COLLEGE DEBT
The average debt for bachelor's degree recipients at public and private
nonprofit colleges has increased steadily over time.
Percent of graduates from Mizzou with debt
The average debt of Mizzou graduates
52%
$28,003
* The Institute for College Access & Success
Obtained from https://college-insight.org/spotlight/university-of-
missouri-columbia/2911178396, based on 2019 graduates.
INCREASING HIGHER EDUCATION
AND HOUSING COSTS
Living in a fraternity house at Mizzou is central to the experience. We
want to keep our space competitive with other on-campus options,
but we don't want the cost of living in the house to be a barrier to
membership in Phi Delt. We want to mitigate increasing costs or burden
on the collegiate chapter through the establishment of a housing reserve
fund to provide the necessary support and sustainability for the beautiful
home that our alumni helped build.
ACADEMIC YEAR IN-STATE OUT-OF-STATE
20-21 $10,572.80 $29,004.80
19-20 $10,326.66 $28,347.66
18-19 $9,879.06 $27,042.06
17-18 $9,518.22 $25,892.22
16-17 $9,509.22 $25,166.22
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