The University of Mount Union is a member of The Tuition Exchange, Inc. (TE), a national organization that administers tuition scholarships for dependent children of employees from member colleges and universities. The University also provides a tuition exchange opportunity through its partnership with the Council of Independent Colleges (CIC).
TE and CIC applications are due no later than January 1 for a fall start of the same year. For example, students enrolling at Mount Union for the fall 2020 semester have a TE and CIC application deadline of January 1, 2020.
In addition, to be considered for TE or CIC, applicants must:
Eligible faculty/administrative staff members whose dependent children are interested in attending another accredited institution of higher education must complete the appropriate paperwork within the specified timeline indicated within this policy. Admission into the Tuition Exchange Program must be completed annually.
Tuition exchange is very competitive. For example, a school might have only five spots, but may receive up to 100 applications. It is not an automatic exchange, but is a competitive process with the importing school deciding who to take and who not to take.
Eligible dependents of a faculty/administrative staff member cannot receive benefits under more than one tuition exchange program through Mount Union. For example, your dependent is not eligible to receive a baccalaureate degree through tuition remission at the University of Mount Union, through the tuition exchange program, and through traditional financial aid. As stated above, once a baccalaureate degree is conferred upon an eligible dependent, that dependent ceases to be eligible for other forms of the tuition benefit.
Tuition exchange is limited to one dependent per faculty/administrative staff member.
*Requires access to Mount Union's student, faculty, and staff portal
To receive full consideration for any tuition exchange program, the employee must begin by completing and submitting a *Tuition Exchange Export Application form. The application is due to the director of student financial aid by October 1 of the year during which the eligible dependent is a senior in high school. Late applications will be accepted but may decrease the likelihood of acceptance into the Tuition Exchange Program.
Tuition Exchange is limited to eight consecutive semesters, or 12 terms or quarters, the period normally required to receive a baccalaureate degree at an accredited institution of higher education.
The institution is required to maintain balance of tuition exchange imports and exports. In years when the University institution has more applicants for Tuition Exchange than available, the following criteria are used to choose among applicants.
Students currently exported through the tuition exchange program who are in good standing will receive priority.
The number of years of full-time employment at the University of Mount Union will be the next factor.
Among applicants whose parents have worked an equal number of years at the institution, priority will be given to the staff member who has never previously used the benefit. For staff members who have worked the same number of years and have not previously used the benefit, priority will be given on a "first-come, first-served" basis through completing their tuition benefit paperwork and by notifying the institution's director of student financial aid in writing in September of the year prior to the student’s enrollment into a TE institution.
Commitment to students for the Tuition Exchange Program is on an annual basis. Students who receive the Tuition Exchange benefit in one year must reapply for their next year of Tuition Exchange.
In order to reapply, the employee must complete the *Tuition Exchange Export Application and submit it to the director of student financial aid by December 1 of the year prior to fall of readmission.
Requires access to Mount Union's student, faculty, and staff portal
Graduate courses, non-traditional study courses, private music lessons, special workshops, and seminars at other institutions are not included in the tuition exchange benefit. Study abroad partnerships may or may not be eligible for tuition exchange, based upon each individual import institution’s policy.