Liaison Officer Workshops/TE Board Meetings

New Address for Tuition Exchange as of July 1, 2011
3 Bethesda Metro Center  Suite 700
Bethesda Maryland 20814
301-941-1827

"Set Rate"
TE "SET RATE" for 2011-2012 will be $30,500.
2012-2013  $31,000.

Membership Dues/Participation Fees
Membership Dues for 2011-2012 academic year can be printed from your Liaison Officer Main Menu  due July 1  September 1, 2011.
Participation Fees are due as soon as you complete your Annual Report in the fall. Invoice can be printed at that time from your main menu.

TE-GO Recipients for 2011-2012
Kalee Robinson  Mary Baldwin Coll (VA) to Roanoke Coll (VA).
Hayley Nedbalski  Neumann Univ (PA) to Embry-Riddle Aeronautical Univ (FL).
Emily Kimball  St. Catherine Univ (MN) to Concordia Coll at Moorhead (MN).

New Programs and Revisions

• OPTIONAL SET RATE: Schools with higher tuition have the option of awarding TE scholarships at $30,500 for 2011-2012, if their full tuition is higher than $30,500). All other members are obligated to offer full-tuition scholarships. Public institutions also have the option to provide one-half tuition scholarships for non-residents.
• IMPORT CREDIT FOR HOUSING: Members offering full housing for the academic year, two semesters, as part of their TE award package to all new imports in a given year for the term of the scholarship will have an additional semester unit (one semester) of import credit posted annually on their balance sheet for each student import.
• TUITION EXCHANGE COOPERATIVE: The TE Co-op is designed to help schools with small TE programs to export additional students. Members of the Co-op can continue to import and export students as normal under the traditional exchange program. And they are not charged export debits for exports sent to another Co-op school. They continue to earn import credit for exports from Co-op schools. There are no additional fees for the Co-op. To be eligible a school must have a five-year balance of 60 or fewer import semesters (for schools with four years of imports, 40 or fewer imports), and have a student headcount of no more than 3,000 students or fewer than 500 employees eligible for the TE benefit

Tax Issues
Tuition Exchange members should seek guidance from their own tax and legal professional advisers. For basic information consult www.IRS.gov Publication 970, Tax Benefits for Education.

Excerpts from Publication 970: "Qualified tuition reduction means a tax-free reduction in tuition provided by an eligible educational institution." ... "for education below the graduate level" ..."provided to the following individuals:"current employee, former employee who retired of left on disability, widow or widower of an individual who died while an employee, a widow or widower of a former employee who retired or left on disability, a dependent child or spouse of any person listed above."

It is important to note that graduate education is excluded unless it is provided "to a graduate student who performs teaching or research activities" and that the tuition reduction benefit "must not discriminate in favor of owners, officers, or highly compensated employees".

The State of the Exchange*

• AY 2011, seven new members joined the exchange *
  
• As of June, 2011 the active membership grew to 613 compared to 597 and 587 for June 2010 and 2009
  
• This last academic year 6,000 scholars participated, compared to 5,556 and 5,401the previous two years.
  
• Two schools withdrew last year.

Institutional Profile (formerly Member Survey)

Information gathered here appears on our website under Information for Parents and Their Children - Conducting a School Search. This section is designed to help TE candidates select a college and develop an application strategy to maximize their chances to get a scholarship award. Of special note is the information about the ratio of candidates (applicants) offered TE scholarships at individual schools.

Part of the profile is the OVERVIEW section. Here Liaison officers can insert a narrative to help guide prospective TE scholars.