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	Full-time benefited faculty and staff who have two years of eligible service by October 31 Retirees who meet University of Delaware age and service requirements
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.

Faculty

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.

Tuition Exchange Process for Faculty

Human Resources will announce in UDaily (usually mid-August) that we are opening submission for Tuition Exchange (TE) Web Forms. This would be for the following academic year (i.e. August 2021 is for AY2022-2023). The web form is the vehicle used to alert Human Resources that a faculty member has a dependent participating in TE. TE Web Forms are accepted mid-August through the third week of October. After receipt of the TE web form and review of eligibility, Human Resources will notify the faculty member how to submit the official Tuition Exchange Application(s) on behalf of their child to their selected schools. Institutions will usually notify the student once a decision has been made of either, a TE scholarship offer, wait list, or not offered. It can vary greatly from school to school when you are notified of a TE decision. Each institution has a Tuition Exchange Liaison and you are always more than welcome to contact them for additional information pertaining to their specific TE criteria.

If the faculty member has a second child who wishes to participate/compete for a TE scholarship at the same time the faculty’s first child is already utilizing TE, then the second child must be entered in the faculty lottery. If selected in the faculty lottery, the second child may also submit for TE. The lottery is held the last Friday in October each year.

The faculty member may be approved by HR as an export and the dependent may be approved for admission at the other institution, but not be granted tuition exchange. The Tuition Exchange scholarship is not a guarantee and is very competitive. We suggest, to discuss your prospects with the admissions office and/or TE Liaison at the institution and ask how many Tuition Exchange Scholarships they offer annually. The TE Liaison and/or Admissions office at the other school may be able to provide some information in terms of the likelihood of TE Scholarship or at least their scholarship statistics. If TE is awarded, it is usually guaranteed for four years, as long as the student remains in good academic standing and the faculty member is eligible. If your child is not awarded Tuition Exchange in year one, inquire if the school considers currently enrolled. We also suggest that you research the dollar value of the Tuition Exchange Scholarship. High Tuition Schools can elect to provide a scholarship amount (not full tuition) set by Tuition Exchange, Inc. This is referred to as the set rate.

The Tuition Exchange web site has a wealth of information and resources under the Families Tab.

Staff

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.

Tuition Exchange Process for Staff

Human Resources will announce in UDaily (usually mid-August) that we are opening submission for Tuition Exchange (TE) Web Forms. This would be for the following academic year (i.e. August 2021 is for AY2022-2023). The web form is the vehicle used to alert Human Resources you are entering the Tuition Exchange Lottery. TE Web Forms are typically accepted mid-August through the third week of October and the lottery is held the last Friday in October. If you are selected in the lottery, Human Resources will notify you how to submit the Tuition Exchange Application(s) on behalf of your child to their selected schools. Institutions will usually notify the student once a decision has been made of either a TE scholarship offer, wait list, or not offered. It can vary greatly from school to school when you are notified. Each institution has a Tuition Exchange Liaison and you are always more than welcome to contact them for additional information pertaining to their specific TE criteria.

You may be approved by HR as an export and the dependent may be approved for admission at the other institution, but not be granted tuition exchange. The Tuition Exchange scholarship is not a guarantee and is very competitive. We suggest, to discuss your prospects with the admissions office and/or TE Liaison at the institution and ask how many Tuition Exchange Scholarships they offer annually. The TE Liaison and/or Admissions office at the other school may be able to provide some information in terms of the likelihood of TE Scholarship or at least their scholarship statistics. If TE is awarded, it is usually guaranteed for four years, as long as the student remains in good academic standing and the faculty member is eligible. If your child is not awarded Tuition Exchange in year one, inquire if the school considers currently enrolled. We also suggest that you research the dollar value of the Tuition Exchange Scholarship. High Tuition Schools can elect to provide a scholarship amount (not full tuition) set by Tuition Exchange, Inc. This is referred to as the set rate.

Schools can elect to provide a scholarship amount (not full tuition) set by Tuition Exchange, Inc.

Much of this information may already be available on the Tuition Exchange web site. Please review the Families Tab.