Tuition Exchange

Tuition Exchange is a competitive process and exchange is not automatically guaranteed upon admittance to a participating college or university.

1. Tuition Exchange, Inc.

Tuition Exchange, Inc., which has 580+ members, is the largest of the two exchange programs. There are currently 580+ member schools. Eligibility for sponsorship by the University is based upon the previously 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 scholarship from the other institution.  To be eligible for Tuition Exchange, dependents must be unmarried and age 23 or under.

Each member institution sets its own criteria for awarding scholarships and is limited by the need to keep its imports and exports in balance.

2. Associated Colleges of the South

The University of Richmond participates in a tuition exchange program with fifteen of the members of the Associated Colleges of the South. The program is available to dependents of eligible full-time staff at each institution. The student must also apply for admission through the admissions office of the other institution and must be granted admission before being considered for a tuition exchange scholarship. The number of ACS tuition exchange awards available is determined by each institution's number of imports and exports each year. The program policies, guidelines and annual participation fee ($1,500 payable by the student) are reviewed each year and are subject to change periodically.

Participating ACS member institutions are:

• Birmingham-Southern College
• Centenary College
• Centre College
• Furman University
• Hendrix College
• Millsaps College
• Morehouse College
• Rhodes College
• Rollins College
• Southwestern University
• Spelman College
• Trinity University (Texas)
• University of Richmond
• University of the South
• Washington and Lee University

Application for exchange should be made through the Business and Finance Office as early as possible in the fall semester of the dependent's senior year in high school. Students must also independently apply for regular admission through each college or university's admissions office. Eligibility for dependents of staff will be verified through the Department of Human Resource Services.

For cost, please view the Tuition Remission Chart for Credit Classes at the following link : http://hr.richmond.edu/guidelines/tuitionremission.htm 

Note:   A third program, The Inter-University Faculty/Staff Dependent Tuition Scholarship Program, has been inactive for over ten years.  Faculty and staff will be notified if this situation changes.

For further information visit http://businessoffice.richmond.edu/tuition/or contact the Coordinator of Tuition Exchange Programs, (804) 289-8150, in the Office of the Vice President for Business and Finance