Two active tuition exchange programs are available to eligible dependents of University of Richmond faculty and staff. The two programs are:
- Tuition Exchange, Inc. (TE, Inc.): Over 600+ member universities and colleges
- Associated Colleges of the South (ACS TEP): 15 participating member colleges
Eligibility for sponsorship by the University of Richmond is based upon the outlined requirements for tuition remission as well as the employee's seniority in length of service and the dependent's admission to and award of a TE scholarship from the other institution.
Each member institution sets its own criteria for awarding scholarships and is limited by the need to keep its imports and exports in balance.