Former members of the EÜS founded the academic corporations Fraternitas Estica (1907), Sakala (1909) and the association Veljesto.

In 1889, the society began to publish journals (Est: albumid), consisting of scientific articles, essays and belletristic texts.

Its establishment was however stopped by the Russian official Nikolai Lavrovski, head of the Riga Educational District.

A new building was completed in 1902, designed by Georg Hellat, one of the first professional Estonian architects, who borrowed from art deco and national romanticist styles.

[5] The organisation and its traditions were modelled after Baltic German corporations, but the beginning of the 20th century was a time of change.

The Estonian Students' Society also made membership voluntary, following the Baltic German corporations' general code of conduct (Allgemeiner Comment).

[7] In 1925 Johan Kõpp's Eesti Üliõpilaste Seltsi ajalugu I.1870–1905 (History of the Estonian Students' Society I.1870–1905) was published.

This decision, although not formally recorded in "Riigi Teataja" (the State Gazette), was the first time the tricolour flag was associated with the Estonian nation.

The present coat of arms was developed in 1890, when the fraternity tried to establish itself as Corporation Fraternitas Viliensis.

The book's title is Carpe diem, meaning "Seize the day", the guiding principle of the fraternity.

In 1928, the Estonian Students Society concluded an agreement with the Finnish "Nations" (Nationes) Etelä-Pohjalainen Osakunta and Pohjois-Pohjalainen Osakunta of the University of Helsinki, the first agreement concluded between Estonian and Finnish student organisations.