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Tuition Exchange Programs

Saint Louis University participates in both the Tuition Exchange program and the Faculty and Staff Children Exchange. The programs allow eligible dependent children of eligible SLU employees to apply for scholarships at more than 600 colleges and universities.

Faculty and Staff Children Exchange Program (FACHEX)

The faculty and staff children exchange program (FACHEX) is an undergraduate tuition remission program for children of current full-time faculty, administrators and staff. The program is established and managed by the Association of Jesuit Colleges and Universities.

Through the FACHEX program, employees who have a tuition remission benefit for their children at their home institution can apply to receive the same benefit at participating Jesuit colleges and universities if there is space available and the student meets that school's requirements for FACHEX applicants.

Each institution determines the number of FACHEX awards granted each year. As a result, they are highly competitive and there are no guarantees to the children of any given faculty or staff member that they will be able to utilize the FACHEX benefit at the institution of their choice.

Eligibility

Eligibility requirements are determined by the home institution. If the home institution grants a full-tuition remission benefit to the child of a faculty or staff member, then the child is eligible to apply for a possible FACHEX award at the participating Jesuit institution of their choice.

It is important to realize that each institution sets their own rules about how students are selected for a FACHEX award. Many schools use academic achievement as a determining factor and will only consider incoming freshmen as applicants.

At Saint Louis University, an employee must have completed at least three years of continuous full-time service to be considered eligible to apply for FACHEX at participating institutions.

Deadlines

FACHEX certification letters must be submitted to the desired institution by Dec. 15 before your child’s fall semester of enrollment. There is no guarantee that a late certification will be honored by the institution. We strongly recommend you request the letter from our office no later than Dec. 1.

Allowances and Duration

FACHEX, should it be granted, only covers tuition (up to 18 credit hours per semester). Additional expenses such as room, board, travel-related expenses or books are the sole responsibility of the student and/or the student's family. FACHEX is for eight semesters, four years of school or upon completion of a bachelor's degree, whichever comes first.

Application process for eligible employees of Saint Louis University
  1. By Dec. 1, submit the FACHEX application to the FACHEX coordinator along with the names of the participating institution(s) to which your child is planning to apply for admission.
  2. The FACHEX coordinator will confirm your eligibility and will send a letter to the FACHEX coordinator of the school(s) to which your student is applying, certifying his or her eligibility to participate in that school's FACHEX program. A copy of the letter will also be sent to you.
  3. Your student applies to the designated institution(s). We also recommend you or your student contact the FACHEX coordinator at their desired school(s) to inquire about special admissions dates — it’s not uncommon to require early applications, and it is your responsibility to follow those admission guidelines.
  4. The FACHEX coordinator at each institution where your child applied will inform you whether or not he/she will receive a FACHEX award. Most schools make FACHEX decisions after March 1.

If your student receives a FACHEX award, you must be re-certified every year. A FACHEX application with the name of the school your student is attending is sent to SLU’s FACHEX coordinator with the words "re-certify." This must be done every year that the student is attending the institution.

Application process when your child is applying to Saint Louis University

Saint Louis University only awards FACHEX to incoming freshmen students. We do not award to transfer students or current students whose parent becomes eligible for the benefit after they have started college.

  1. Before Feb. 1, eligible employees at participating universities must notify the FACHEX coordinator at your home institution with your child's legal name, mailing address, Social Security number and the names of the participating institution(s) to which your child is planning to apply for admission.
  2. By Feb. 1, the coordinator at the home institution will confirm your eligibility and will send a letter to our FACHEX coordinator, certifying your student's eligibility to participate in SLU’s FACHEX program. We will confirm with both you and your home institution's coordinator that we have received an eligibility letter.
  3. Your student applies to Saint Louis University.
  4. Saint Louis University makes FACHEX decisions after March 1. After decisions have been made, our FACHEX coordinator informs each eligible student whether or not he or she will be offered a FACHEX award.

 

Tuition Exchange

The Tuition Exchange program is a reciprocal scholarship program for children and other family members of faculty and staff employed at more than 590 participating institutions. The Tuition Exchange Inc. association serves higher education by making careers at colleges and universities more attractive.

Each participating institution determines the number of tuition exchange scholarships it will grant to incoming students each year. As a result, they are highly competitive, and there are no guarantees to the children of any given faculty or staff member that they will be able to use the tuition exchange scholarship 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 coordinator.

Tuition Exchange Guidelines
Frequently Asked Questions About Tuition Exchange 

Eligibility

Eligibility requirements are determined by the home institution. If the home institution grants a full-tuition-remission benefit to the child of a faculty or staff member, then the child is eligible to apply for a possible tuition exchange award at the participating institution(s) of their choice.

It is important to realize that each institution sets their own rules about how students are selected for a tuition exchange scholarship. Many schools use academic achievement as a determining factor and will only consider incoming freshmen as applicants.

At Saint Louis University, an employee must have completed at least three years of continuous full-time service to be considered eligible to apply for tuition exchange at participating institutions. However, three or more years of service does not automatically guarantee certification for tuition exchange.

Deadlines

Each participating institution sets its own deadline for tuition-exchange certifications. It is imperative that you follow each school’s deadline, as there is no guarantee that a late certification will be honored.

Allowances and Duration

Scholarships can cover full tuition or a rate set by the tuition exchange. For 2016-2017, private institutions that charge more than $34,000 for tuition are permitted to award less than their full tuition, but must award at least $34,000.

Some colleges allow the scholarship to cover other expenses, such as room and board, while others do not. Any expenses incurred by the student but not covered by the scholarship — such as room, board, travel related expenses or books — are the sole responsibility of your student and/or you. Tuition exchange is for eight semesters, four years of school or upon completion of a bachelor degree, whichever comes first.

Application process for eligible employees of Saint Louis University
  1. By Oct. 1, submit the Tuition Exchange application to the benefits specialist in human resources, along with the names of the participating institution(s) to which your child is planning to apply for admission. Applying for tuition exchange to human resources does not guarantee that you will be certified for tuition exchange.
  2. The benefits specialist will confirm your eligibility and provide that information to the tuition exchange coordinator. If you are eligible, a $35 processing fee will be requested. You must pay the fee before the tuition exchange coordinator will send information to the prospective institutions.
  3. Once the fee is received, the tuition exchange coordinator notifies each of the participating schools where your student is applying, certifying the student's eligibility to participate in that school's tuition exchange program.
  4. Your student will apply to the participating institution(s). We also recommend you or your student contact the tuition exchange coordinator at their desired school(s) to inquire about special admissions dates — it’s not uncommon to require early applications, and it is your responsibility to follow those admission guidelines.
  5. The tuition exchange coordinator at each institution where your child applied will inform you whether or not he/she will receive a tuition exchange scholarship. Most schools make tuition exchange decisions after March 1.
  6. Once awards are given, you will need to notify SLU’s tuition exchange coordinator of the results and which school your student will attend.

If given a tuition exchange scholarship, you must be re-certified each year. You will notify the benefits specialist in human resources and provide another $35 processing fee each year you’d like to have certification.

Application process when your child is applying to Saint Louis University

Saint Louis University only awards tuition exchange to incoming freshmen students. We do not award to transfer students or current students whose parent become eligible for the benefit after they have started college.

  1. Before Feb. 1, eligible employees at participating universities must notify the tuition exchange coordinator at your home institution with your child's legal name, mailing address, Social Security number, and the names of the participating institution(s) to which your child is planning to apply for admission.
  2. By Feb. 1, the coordinator at your institution must confirm your eligibility and notify SLU’s tuition exchange coordinator, certifying the student's eligibility to participate in our tuition exchange program. The tuition exchange coordinator will confirm with both the home institution's coordinator and the parent that we have received an eligibility letter.
  3. The student applies to Saint Louis University.
  4. Saint Louis University makes tuition exchange scholarship decisions after March 1. After decisions have been made, our tuition exchange coordinator informs each eligible student whether or not he or she will be offered a tuition exchange scholarship.