The medical school or university must be a fully accredited Class A school. A petition for a charter within the United States must be signed by at least 8 founding students. A petition for an international charter must be signed by at least 20 founding students due to the cost of starting and maintaining international chapters. There is one $100 fee for charter preparation.
The Petition for Charter and $100 fee should be submitted to the fraternity’s Central Office. The petition will be reviewed by the fraternity’s Executive Trustees and, if approved, the spokesperson for the petitioning students will be notified. Decision must be made for the official chartering date and the official name of the chapter. At that time, the petitioning group will be initiated as charter members and the chapter will be installed.
In addition, every initiated member needs to fill out the Initiate's Admission Record (Form 3). There is one $125 initiation fee per member. This one time fee covers all financial obligations to the National Office. There are no annual National Phi Chi dues. The only other financial obligations are those which the chapter members vote to impose upon themselves to cover chapter operation, social activities, and other events. Each new member receives a membership certificate and membership card.