Tuition Exchange Program
Chartered in 1954, started with the support of TIAA/CREF and launched with funding from the Ford Foundation for the Advancement of Higher Education, the Tuition Exchange program is the oldest and largest program of its kind in the U.S. - some 600+ members strong. Tuition Exchange is a tuition remission program for children of current full-time faculty, administrators, and staff. Through the program, a dependent child of an eligible employee at one participating institution may be awarded Tuition Exchange at another. See the Tuition Exchange website for complete information. www.tuitionexchange.org.
It is important to realize that Tuition Exchange awards tend to be extremely limited in number, and highly competitive. As a result, there are no guarantees to employees that they will be able to utilize the Tuition Exchange benefit at the institution of their choice.
Eligibility requirements are determined by each institution. Employees should refer to their faculty or staff handbooks to learn if this is a benefit for which they are eligible. Because each institution sets their own rules about how students are selected to receive a Tuition Exchange award, it is the parent's responsibility to research what is required and follow any applicable deadlines/policies. Many schools use academic achievement as a determining factor, and will only consider incoming first-year applicants.
At Creighton University, an employee must meet the 100% tuition remission level for his/her child to be eligible to apply for Tuition Exchange. (See Human Resources for complete criteria and information.) In the event more Creighton employees apply for the program than can be accommodated, the length of employment at the University and participation of previous family members in the tuition exchange programs will be the primary factors used to select for the awards.
When awarded, most Tuition Exchange covers only tuition. However, at some schools it does not cover full tuition and at other institutions it may cover additional expenses, such as room or board. At Creighton University, Tuition Exchange is awarded for full tuition only.
Any expenses not covered by Tuition Exchange (i.e., fees, room, board, travel related expenses, or books) are the sole responsibility of the student and/or the student's family. Tuition Exchange may be awarded for eight full-time semesters (fall and spring), or until the bachelor's degree is completed, whichever comes first.
Every participating institution determines the number of outgoing students it can certify as well as how many Tuition Exchange awards it will grant to incoming students each year. As a general rule, these positions are extremely limited in number, hence highly competitive in terms of both space and selectivity. As stated above, there are no guarantees to the children of any given faculty or staff member that they will be able to utilize the Tuition Exchange benefit at the institution of their choice. For more information on the number of Tuition Exchange Scholarships available at a particular institution, contact the institution's Tuition Exchange Liaison.
Application Process for Eligible Employees of Creighton University:
1. By December 1, the Creighton University employee submits the Tuition Exchange application to the Registrar's Office (Creighton Hall 226).
2. After December 1 and after the parents' eligibility is confirmed with Human Resources, all applicants for Tuition Exchange will be reviewed and selected for certification, based on years of service and previous use of benefit. Certification of Tuition Exchange eligibility for the selected students is sent to the Tuition Exchange Liaison of the college(s) the student is interested. Certification only means the student is eligible for a Tuition Exchange award; it is not a guarantee of an award.
3. The student must apply to the college(s) in which he/she is interested, following each institution's application procedures and deadlines. (It is recommended that the student or parent contact the Admissions Office or Tuition Exchange Liaison at the desired school(s) to see about any special admissions dates that need to be followed. It is not uncommon for institutions to encourage Tuition Exchange applicants to apply for Early Action, so it is the responsibility of the student/parent to find out this information, and follow those admission guidelines.)
4. After admission decisions have been made, the admissions office or Tuition Exchange Liaison at the other institution(s) informs the student whether or not he/she will be offered a Tuition Exchange award. Please be aware that decisions by each participating institution are done on their own time frame. However, most schools wait until after March 1 to award Tuition Exchange.
5. Once a Tuition Exchange award is accepted, the employee should notify the Registrar's Office to say which school the student will be attending. An annual $35 fee is due to Creighton University for participation in this program.
6. Every year the student is in the Tuition Exchange program, the employee must request to be re-certified by completing the Tuition Exchange Application for Renewal. The annual $35 participation fee is due to Creighton University.
Application Process for Employees of Participating Institutions With Children Applying to Creighton University:
1. Employees at participating universities will follow the deadline and application procedures set by the Tuition Exchange Liaison at their home institutions.
2. After the Liaison at the home institution confirms the parent's eligibility, she/he will certify the student's eligibility to the Tuition Exchange Liaison at Creighton University.
3. Beginning August 1, but no later than the Priority Scholarship Deadline (see Admissions for specific date), the student applies to Creighton University. Tuition Exchange is typically only given to incoming first-year students.
4. After admission decisions have been made, the Creighton Admissions Office informs eligible students of whether or not he/she will be offered a Tuition Exchange award. Tuition Exchange decisions are made after March 1.
5. Students awarded Tuition Exchange must maintain at least a 2.3 grade point average at Creighton University and their parent must continue to be eligible for this benefit at the participating institution.