Tuition exchange
Tuition Exchange (TE) is a reciprocal scholarship opportunity for dependents of eligible faculty and staff at more than 660 member schools nationwide.
Eligibility |
|
Who Can Use this Benefit |
Eligible dependent child |
Participating Colleges |
Colleges nationwide that participate in the Tuition Exchange program |
Benefit |
If a scholarship is awarded, full or partial tuition is waived for a full-time matriculated undergraduate dependent child. A student may be granted a scholarship up to 4 years. |
Application Process |
The employee must log into web forms, select BEN Educational Benefits. Click the button for Tuition Exchange, complete the form accordingly, then select Submit. Up to five schools may be listed on the web form. |
Limitations |
The opportunity to participate in this competitive scholarship program is automatic for one child. However, additional slots are available (by lottery) for faculty who wish a second eligible dependent child to participate in TEP. Employees who terminate their University employment are not eligible to receive Tuition Exchange for the full academic year. If the student is currently enrolled in a fall or spring semester, he or she will be able to complete that semester only. Employees should notify the UD Tuition Exchange liaison of their separation from the University. |
Lottery Drawing |
Held the last Friday in October. Human Resources will notify you of your lottery number via email the following Monday. |
Lottery Application Deadline |
TEP web forms must be received in Human Resources by the preceding Monday before the lottery drawing date. Late applications are NOT accepted. |
TEP Application Submission |
Faculty and staff that are selected in the lottery will receive instructions via email for submitting TEP application(s) to the TE schools. Faculty and staff who did not win a lottery slot will be placed on a waiting list. |
Next Steps for Faculty Second Child Submission |
Human Resources will review the web form and if eligibility is met, you will be entered in the Faculty Lottery. Once the drawing has been completed, you will be notified of your lottery number and if you have received a lottery slot. If you have received a lottery slot, you will be sent instructions via email for submitting TE application(s) to the TE schools. If you did not receive a lottery slot, you will be placed on a waiting list. |
Limitations |
The opportunity to compete in this competitive scholarship program is available for staff by lottery only. The scholarship shall apply to only one dependent child per year. Staff may also have one eligible dependent participating in the University’s Tuition Remission at the same time. The employee’s name will be entered for the lottery. Human Resources will notify each participant regarding the outcome of the lottery via email the following Monday. If you have received a lottery slot, you will be sent instructions via email for submitting TE application(s) to the TE schools. If you did not receive a lottery slot, you will be placed on a waiting list. Employees who terminate their University employment are not eligible to receive Tuition Exchange for the full academic year. If the student is currently enrolled in a fall or spring semester, he or she will be able to complete that semester only. Employees should notify the UD Tuition Exchange liaison of their separation from the University. |
Lottery Drawing |
Held the last Friday in October. Human Resources will notify you of your lottery number via email the following Monday. |
Lottery Application Deadline |
TEP web forms must be received in Human Resources by the preceding Monday before the lottery drawing date. Late applications are NOT accepted. |
TEP Application Submission |
Staff that are selected in the lottery will receive instructions via email for submitting TEP application(s) to the TE schools. Staff who did not win a lottery slot will be placed on a waiting list. |