Is Golden Key legitimate?

The society is open to more members than most collegiate honor societies, but after a series of scandals some have concluded Golden Key is an academic scam. It is up to students who receive Golden Key’s direct mail to decide for themselves whether member benefits outweigh the costs.

Is it worth joining the Golden Key society?

Golden Key Honour Society members are real – and they’re really amazing! Our members are passionate, hard-working, motivated, and totally inspirational. They organise events and service activities, support each other during their studies, give back to their communities, and continue to achieve academic excellence.

Is Golden Key a pyramid scheme?

Golden Key does have a hierarchical structure but it does not match the definition of a pyramid scheme outlined in the Australian Competition and Consumer Act (2010). It doesn’t even resemble the technically legal version of a pyramid scheme: multi-level marketing (MLM).

How much is Golden Key membership?

Membership into Golden Key is offered to undergraduate and graduate students recognized to be among the top 15% of their class by GPA. Lifetime membership is given to those who pay a one-time fee, which was US$60 in 2002 and as of 2021 is US$95 in the United States.

How much is Golden Key?

Is Golden Key’s membership worth it?

Yet the privacy work-around and member-for-life policy make Golden Key’s true academic benchmark unknowable. With strict processes followed by the university, Devereaux doesn’t see this as a problem. “The value for students is in the networking opportunities it opens up. If it helps with employment opportunities, all the better.

What does golden key do with its money?

Rather than fancy yachts complete with grape-feeding babes, Heslehurst claims Golden Key’s membership money goes towards funding for chapters and the provision of scholarships. “We award around $500,000 annually in global scholarships. Since 1993, we’ve given over $2.5 million just in the Asia-Pacific region,” she said.

What is Golden Key honor society?

Golden Key is an invite-only society for high-achieving university students that has attracted more than two million members since it formed in the 1970s. It now has more than 390 chapters at campuses around the world. Here’s how Golden Key describe themselves: “Golden Key is the world’s largest collegiate honor society.

Does Golden Key give out information about students?

Despite appearances, student information is not given to Golden Key. Any offers emailed to members are generated based on selections made by the students when they complete their online membership form. Heslehurst confirmed this: “We don’t get any student personal information until they accept membership and input it themselves.