1 / 10

The Tuition Exchange

The Tuition Exchange. Is the Tuition Exchange Right for UVI?. What is the Tuition Exchange. The Tuition Exchange is a non-profit association of colleges and universities that was founded 56 years ago with the mission to make careers in higher education more attractive.

ishi
Download Presentation

The Tuition Exchange

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. The Tuition Exchange Is the Tuition Exchange Right for UVI?

  2. What is the Tuition Exchange • The Tuition Exchange is a non-profit association of colleges and universities that was founded 56 years ago with the mission to make careers in higher education more attractive. • They do this through a reciprocal scholarship program, which finances college tuition for the children and other family members of faculty and staff employed at participating institutions.

  3. Tuition Exchange Members • Currently made up of 586 private and public participating institutions located in 47 states, DC and UK representing the diversity of higher education in the US. • Fifteen to 25 schools join each year

  4. Sampling of TE Members: • Fresno St (CA), Mills College (CA), Biola (CA), Pepperdine U. (CA), U of Delaware, Wesley College (DE), American U (DC), U of Florida, Eckerd College (FL), Monmouth College (IL), Valparaiso U (IN), Cornell College (IA), Loyola College (MD), Boston U (MA), Seton Hall U (NJ), Manhattan College (NY), St John’s College (NY), Elon College (NC), Charleston Southern U (SC), U of St Thomas (TX), Bennington College (VT), U of Richmond (VI), Gonzaga U (WA)

  5. Tuition Exchange Scholarships • 4,800 awards annually at full tuition or a set rate ($25,000 for 2007-2008 and $26,800 for 2008-2009) if an institution's tuition is higher than this rate. Average scholarship is about $21,000. • Exchanges are accomplished through trading, no money changes hands and no accounting is done for variations in tuition.

  6. Tuition Exchange Compatibility • Remitted tuition exchanges are an extension of "at home" tuition waivers. • UVI’s current tuition remission policy qualifies us to join. • The number of students exported and imported should balance (approximately) over a five year period.

  7. Tuition Exchange Costs • Membership Annual Dues $400 (paid by institution) • Student Participation Fees $35 per export (typically paid via user fee) • One-time Initiation Fee $350 • Requires a UVI liaison officer to administer the program (typically less than 2 weeks/semester) • Dues and fees increased periodically, not annually.

  8. Tuition Exchange Benefits • Attract and retain highly qualified faculty and staff. • Increase employee retention • Increased opportunities for our children • FAFSA contributions offset tuition costs of imported students (UVI would recoup more of the tuition costs). • The VI territory benefits when students return with a broader educational experience.

  9. Tuition Exchange Questions ???

  10. Would you support UVI Joining the Tuition Exchange?

More Related