Thank You
We thank you for helping us out! This page attempts to explain all of the questions involved
in donation.
Why should I donate?
As a fraternity, we need help now more than ever. Our aging house and increased expenses of
have put some financial strain on us, and we can always increase our savings for major repairs.
When you provide your payment, you can specify what you want to use the donation for, and
we can mark that in our books.
A few of the ways we can use the money:
- Covering the cost of a new water heater
- A new keyboard (something like this)
- Other house repairs
- Your idea here
The more you donate, the more likely this generation will donate and we can keep tEp strong for generations!
Did you recieve my payment?
Once we enter your payment in our accounting books, we will try to send you a receipt in a timely manner.
Just send us an email address (we get one with paypal) or if you prefer a mailing address let us know
and we will send the receipt there.
How to donate
It's in our best interest to make it as easy as possible for you to give us money.
Therefore,
we are providing you with many options below.
Below, you will find that we take money in the following forms:
- Checks
- Paypal payments
- Bank transfers
- Credit cards
If you want more options, just ask and we'll explore providing them.
We're still working on more...
Fee Free Payments
Any of the below methods of payment in this section are preferred to the ones that involve fees.
- 1. Using Paypal Personal Payments
To use Paypal without incurring a fee:
- Create a Paypal account
- Link it with a bank account of yours
- Log in, click on "Send Money"
- Under "To", enter tepz-money@mit.edu.
- Enter the amount.
- Make sure you click on "Personal" (this is important)
- Select what type of payment this is (Gift, Owed payment, etc),
- Click on "Continue"
- Review the payment, click "Send Money" when you're satisfied
- We will (likely) accept your payment and we get the full amount ;-)
- 2. Send us a check
To send us a check, make it out to:
Tau Epsilon Phi - Xi Chapter
And send the check to:
Bursar
253 Commonwealth Ave.
TEP
Boston, MA 02116-1609
- 3. Bank of America
If you have a Bank of America account, we can link the
accounts and you can transfer money to us. Just email
us at tepz-money@mit.edu and we can set this up with you.
- 4. ING Direct
Coming soon...
Payments with Fees
- 5. Make a small, monthly donation
Please note that if you have a Paypal account, it would be better to use that rather
than a direct credit card payment—the fees are lower. Remember: You can tell Paypal to stop the monthly
donations at any time.
$2.22 per month
$22.22 per month
$222.22 per month
Stop the recurring payments
If you set up recurring payments, you may want them to stop. Simply use the following button to do so:
- 6. Make a small, single donation with credit card
As above: please note that if you have a Paypal account, it would be better to use that rather
than a direct credit card payment—the fees are lower.
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