Fraternities are student organizations designed to foster social events and networking among members, often extending beyond college into professional realms. They typically operate as national or international organizations with local chapters at universities. The establishment of a fraternity involves significant effort and time, culminating in the acquisition of a house, which is usually off-campus but may be located on university property. Membership often requires dues, which can support operational costs and maintenance of the fraternity house. Additionally, funding can come from alumni who contribute financially after entering their careers, enhancing the fraternity's resources and networking opportunities for current members.