Installment Payment Plan for
the SYC Initiation Fee
SYC offers new members 24 years and older the opportunity of an installment
payment plan for the initiation fee. With 20% down, the balance is payable over
a five-year period at 0% interest. For example, a 36 year-old would pay $700
down, plus $46.67 per month for five years. Monthly dues are in addition.
The following table shows the initiation fee, down payment, amount financed,
and monthly payment for each age group.
| Age |
Initiation Fee
for 2013 |
20% Down |
Amount Financed |
Monthly Payment |
| 10-17 |
$50.00 |
- - - - - |
- - - - - |
- - - - - |
| 18-23 |
$100.00 |
- - - - - |
- - - - - |
- - - - - |
| 24-30 |
$1,000.00 |
$200.00 |
$800.00 |
$13.33 |
| 31-35 |
$2,000.00 |
$400.00 |
$1,600.00 |
$26.67 |
| 36 |
$3,500.00 |
$700.00 |
$2,800.00 |
$46.67 |
| 37 |
$4,200.00 |
$840.00 |
$3,360.00 |
$56.00 |
| 38 |
$4,900.00 |
$980.00 |
$3,920.00 |
$65.33 |
| 39 |
$5,600.00 |
$1,120.00 |
$4,480.00 |
$74.67 |
| 40 |
6,300.00 |
$1,260.00 |
$5,040.00 |
$84.00 |
| 41 |
$7,500.00 |
$1,500.00 |
$6,000.00 |
$100.00 |
| 42 |
$8,000.00 |
$1,600.00 |
$6,400.00 |
$106.67 |
| 43 |
$8,500.00 |
$1,700.00 |
$6,800.00 |
$113.33 |
| 44 |
$9,000.00 |
$1,800.00 |
$7,200.00 |
$120.00 |
| 45 |
$9,500.00 |
$1,900.00 |
$7,600.00 |
$126.67 |
| 46 |
$10,000.00 |
$2,000.00 |
$8,000.00 |
$133.33 |
| 47 |
$10,500.00 |
$2,100.00 |
$8,400.00 |
$140.00 |
| 48 |
$11,000.00 |
$2,200.00 |
$8,800.00 |
$146.67 |
| 49 |
$11,500.00 |
$2,300.00 |
$9,200.00 |
$153.33 |
| 50 |
$12,000.00 |
$2,400.00 |
$9,600.00 |
$160.00 |
| 51 |
$12,500.00 |
$2,500.00 |
$10,000.00 |
$166.67 |
| 52 |
$13,000.00 |
$2,600.00 |
$10,400.00 |
$173.33 |
| 53 |
$13,500.00 |
$2,700.00 |
$10,800.00 |
$180.00 |
| 54 |
$14,000.00 |
$2,800.00 |
$11,200.00 |
$186.67 |
| 55+ |
$14,500.00 |
$2,900.00 |
$11,600.00 |
$193.33 |
Last updated Thursday, January 17, 2013