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Poster Name:Knows too
Poster Message:
Not quite. Snap bids and COB are two different things. Snaps can only go to pnm's who participated in recruitment and they are only used to get a house up to Quota when they didn't hit that during bid matching. Snaps are never used to get a house up to Total. Snaps begin before bids are distributed and end when bids are opened. Pnm's have a certain amount of time to accept or decline a snap because the chapter needs to know. After bids are distributed, chapters can COB if they didn't hit Quota or if they are under Total. A COB can go to anyone who qualifies for sorority membership, unlike a Snap that can only go to pnm's who were in recruitment. A chapter can COB up to Quota if they didn't make it during bid matching or snap bidding, and can also COB to get to Total if they are under.
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