Final answer:
The initiation fee for a fraternity is a one-time payment that covers the costs associated with joining, such as administrative fees, housing expenses, and initiation rituals.
Step-by-step explanation:
The initiation fee for a fraternity can vary depending on the specific fraternity and college. In general, the initiation fee is a one-time payment that covers the costs associated with joining the fraternity, such as administrative fees, chapter housing expenses, and initiation rituals.
It is important to note that the initiation fee is separate from regular membership dues that fraternity members pay on a recurring basis. For example, a fraternity's initiation fee might be $500 and cover expenses such as a fraternity pin, initiation ceremony materials, and administrative costs.