Defining Tuition Exchange
Tuition Exchange (TE) is a reciprocal scholarship opportunity for eligible faculty and staff dependents at all 700+ individual member schools.
A complete listing of TE schools and TELO email addresses is available online at www.tuitionexchange.org in the Family bucket under the Member Schools tab.
TE is available to eligible employees at member schools. The employee's school defines the eligible employee. Tuition Exchange is not an employee benefit but an opportunity because of employment.
The school defines the beneficiary dependent. A dependent may include the employee, spouse, registered domestic partner, and the employee's children. Check with your employee handbook for your employer's definition.
TE can be a competitive award. Applicants must inquire about individual TE application dates and processes at employment and where the student is seeking a tuition exchange scholarship.
The value of the TE scholarship is tuition or the annual set rate. TE funding may include federal and state grant dollars, institutional scholarships, co-curricular awards, and institutional grants. The set rate is adjusted annually. For the 2023-24 academic year, the set rate is $41,000; for 2024-25, the set rate is $42,000. Check with your Import school for their TE scholarship maximum. Tuition Exchange allows member schools flexibility in providing funds beyond the required set rate.
Each TE school appoints a Tuition Exchange Liaison Officer (TELO). TE Liaison Officers are responsible for submitting qualifying applications. Check with your TE Liaison Officer for your employer's TE application process and timeline.
Interested students should coordinate their TE application and school admission process when requesting your TE scholarship consideration.
Applicants need to check with the attending school for any additional requirements. Requirements include filing the FAFSA annually, having a minimum grade point average, and living on campus. Your Admissions Counselor is your best resource for this information. The college catalog and student handbook are great resources, too.
The TE Liaison Officer is your institutional contact, your home institution, and at the host institution(s) you are applying check with your Admissions Counselor. Be sure to share that you are a potential TE scholar.
A reminder to parents - once your child reaches the age of 18 or graduates from high school, whichever is first, parents no longer have the right to student information. For additional information, refer to the FERPA Parent Guide.
For additional information regarding student FERPA rights, refer to the FERPA Student Guide.