Alumni Associations: Some Monetary Benefits of Joining

Alumni associations may seem like some long term plan for easing transitions in life after leaving a particular institution, however, members still get direct monetary benefits for belonging to these associations.

Why it can pay to belong to an alumni association

1.     Discounts. Members of alumni associations especially in institutions are normally given membership cards that may be used in local retail institutions. These can be quit helpful since one can save a lot of money by using such an opportunity.

2.     Event savings. Alumni associations are well known for running events as a source of income for their respective institutions. In case members also decide to hold their own functions then they can rent the rooms or spaces at an affordable price thus saving money.

3.     Magazines. Alumni bodies normally create their own magazines that contain very useful information. Non members are expected to buy them yet members are normally given these magazines for free. There could also be other incentives that members can access such as alumni calendars, newsletters and others. These are all sold for cash but can be a critical way of saving money.

4.     Recreation centers. Sometimes one may feel like making use of certain  recreational facilities. However, this may be rather expensive if the facilities are open to the public. One can avoid spending on recreational facilities as these are often easily accessible to those who belong to the respective alumni associations.

5.     Libraries. Getting access to public libraries can prove to be a costly affair once an individual completes their tertiary education. However, alumni associations still offer one an opportunity to get these resources or free.

Most importantly

Credit unions. Some alumni associations may decide to create credit unions where members are granted access to financial incentives or credit facilities. These can easily fast-track members’ financial positions. You can present your opinion on the question in your assignments writing and papers writing.