Families exploring Tuition Exchange Information
Families interested in exploring what options might be available must start with your Tuition Exchange Liaison Officer. Not sure the name of your TE Liaison Officer - Click here. Tuition Exchange Central is unable to provide information on individual school requirements and guidelines.
The TE scholarship application process begins with your employer. The Export school determines who is eligible for Tuition Exchange consideration and ultimately who is offered the opportunity for Export. When your dependent is approved as an export, there is still the process of being named an awarded Import scholar.
If parents work at different TE member schools, pick one parent for purposes of the application process. When making multiple applications from different schools will cause confusion for the Import school. In these situations, the student is often canceled and not considered by either school.
For the Import school to consider there is no benefit to multiple parent Export applications. For the approved Export student as a potential Import, it is crucial that the student apply for admission everywhere TE import applications are submitted.
Many schools require the Free Application for Federal Student Aid (FAFSA) to be submitted. The FAFSA form uses tax return data already on file. In other words, the FAFSA information is processed from prior-prior year tax returns. The FAFSA is now available for completion in October; virtually at the same time, the student is applying to college.
The Tuition Exchange website provides a limited amount of information that is self-reported by the Tuition Exchange school. This information is available by clicking here. If you have specific questions, please visit directly with your student’s Admissions Counselor.
The Tuition Exchange award is tuition OR the annual set rate. For 2023-24, the set rate is $41,000, and $42,000 for 2024-2025. Schools with tuition greater than the set rate have the option to provide $41,000*. The TE award can be made up of federal or state grants and institutional funds. Institutional funds can include academic, athletic, and need or merit grants. It is important for the family to ask questions of your Admissions Counselor for the best understanding of your financial aid award package.
Thank you for exploring Tuition Exchange options.
* It is your responsibility to ask your IMPORT TE Liaison Officer about the value of the TE award at the Import school. TE provides flexibility to our member schools. Each school, with tuition less than the Annual Set Rate, is obligated to provide full tuition. Full tuition may include federal, state, and institutional grants and scholarships. Member schools with tuition greater than the Annual Set Rate are obligated to provide at least the Set Rate. Some schools offer additional funding that may not equate to full tuition. TE is proud of all our members and their flexibility.