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Location

Indiana Phi Psis have good reason to say we stand above the rest in Bloomington. The chapter house at 1200 North Jordan Avenue, next to the Metz Carillon, stands at the crest of "Fraternity Row" on the highest piece of land in Monroe County. From the columned, colonial-style porch, we have a panorama view of the IU campus to the south.
The chapter house, which was built in the 1960s, replacing the chapter's long-time residence at 1022 East Third Street, is built in two main sections. The front section includes the common areas--living room, dining room and kitchen, TV/pool room, lecture hall, and library on the first floor and the chapter room (brothers, only) on the second floor. The back section includes the residential area.
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History
The Indiana University chapter of Phi Kappa Psi--Indiana Beta--was founded on May 15, 1869. Unlike many other fraternities, Phi Psi was founded for the sole purpose of serving others. For over 130 years now, Phi Kappa Psi at Indiana University has been one of the most prominent chapters on the IU campus, continually striving to serve the University and the Bloomington community.
We are proud to say that our chapter at Indiana University is the largest Phi Kappa Psi chapter in the country, having initiated over 2,500 members since our founding in 1869.
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Educational Views
We at Phi Psi continually work towards academic excellence. Our chapter has produced more Rhodes Scholars than any other fraternity chapter at Indiana University and more than any other single chapter of the national Fraternity. Through accepting into membership men with serious academic commitment and through a structured program of academic support (chapter file of course outlines, syllabuses, and tests, and private tutors made possible by our alumni), we constantly try to strengthen our members' academic performance and our academic standing on campus.
As evidence of our emphasis on scholarship, we offer $15,000 annually in academic-based scholarships, such as the Hazeltine Award and the Paul Raver Jr. pledge scholarship. Many other annual scholarships -- based both on scholarship and need -- are available from the national fraternity.
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Creed
The following is our non-secretive statements of our beliefs:
I believe that Phi Kappa Psi is a brotherhood of honorable men, courteous and cultured, who pledge throughout their lives to be generous, compassionate, and loyal comrades;
I believe that I am honor bound to strive manfully for intellectual, moral, and spiritual excellence; to help and forgive my Brothers; to discharge promptly all just debts; to give aid and sympathy to all who are less fortunate;
I believe that I am honor bound to strengthen my character and deepen my integrity; to counsel and guide my Brothers who stray from their obligations; to respect and emulate my Brothers who practice moderation in their manners and morals; to be ever mindful that loyalty to my Fraternity should not weaken loyalty to my college, but rather increase devotion to it, to my country, and to my God;
I believe that to all I meet, wherever I go, I represent not only Phi Kappa Psi, but indeed the spirit of all fraternities; thus I must ever conduct myself so as to bring respect and honor not to myself alone, but also to my Fraternity;
To the fulfillment of these beliefs, of these ideals, in the noble perfection of Phi Kappa Psi, I pledge my life and my sacred honor.
Written by John Henry Frizzell, Massachusetts Alpha 1898, and Kent Christopher Owen, Indiana Beta 1958. Adopted by the 1964 Grand Arch Council of Phi Kappa Psi Fraternity.
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