Tuition Exchange
WPI Tuition Exchange Program (TE)
For prospective and Current WPI Students
TE Imports – prospective and current WPI students whose parent works at a Tuition Exchange member institution who are interested in applying for a Tuition Exchange Scholarship at WPI.
Overview of the TE Import process at WPI.
WPI is a member of the Tuition Exchange Program, a higher education consortium that provides scholarships to dependent children of college and university employees whose children attend participating colleges and universities. A list of over 600 colleges and universities that participate in the TE Program can be viewed at the Tuition Exchange website.
Students who are eligible through their parent's employer to apply for Tuition Exchange and who wish to apply to WPI should contact the Tuition Exchange Liaison Officer at his/her sponsoring institution for information on applying for the TE scholarship. For academic year 2010-2011, the scholarship will be awarded to a limited number of students who are planning to enter their first year of college in the fall of 2010. WPI Tuition Exchange Scholarships are only offered to WPI transfer and current year students if there are available slots at the beginning of the academic year.
All Tuition Exchange scholarship application requests must be received by the WPI Tuition Exchange Liaison Officer no later than March 1, 2010.
Once a student's TE export application is received by WPI, the WPI Office of Financial Aid will send out a confirmation letter to the student informing him/her of the following notification dates:
Admission Type Decision date on WPI TE Scholarship
Early and Regular Decision Applicants by April 1, 2010
Fall Transfer Applicants by August 15, 2010
(Spring Transfer applicants are not eligible)
Upper-class current students by August 15, 2010
Please keep in mind that because of the large number of TE Applications WPI receives, not all TE applicants will be offered a WPI TE Scholarship. While TE Applications are accepted from first year, transfer and current students, WPI initially awards WPI TE Scholarships to first year students. If there are slots still available, WPI will then offer a WPI TE Scholarship to transfer and current WPI students.
The WPI Tuition Exchange Scholarship for the 2010-2011 academic year is $30,000. If you are offered this scholarship, it will replace any WPI need based or merit scholarships you may have already been awarded.
If you have any questions about the WPI Tuition Exchange Program, please do not hesitate to contact the WPI Tuition Exchange Liaison Officer.
WPI's Tuition Exchange Liaison Officer
Monica Blondin
WPI Office of Financial Aid
100 Institute Road
Worcester, MA 01609
Telephone: (508) 831-5469
Fax: (508) 831-5039
E-mail: mmlucey@wpi.ed
You can also contact Patricia MacInnes in the WPI Office of Financial Aid if you have any WPI TE questions at macinnes@wpi.edu
The Tuition Exchange process is separate from the admissions process at WPI. WPI Admissions information may be obtained by viewing WPI's Admissions Web site
For information on other types of financial aid, please visit WPI's Office of Financial Aid Web site.
For Dependent Children of WPI Employees
TE Exports – dependent children of WPI employees who wish to apply for a Tuition Exchange Scholarship at one of the TE member institutions.
Overview of the TE Export process at WPI.
WPI is a member of the Tuition Exchange Program, a higher education consortium that provides scholarships to dependent children of college and university employees whose children attend participating colleges and universities. The TE Program provides the opportunity for eligible WPI employees' dependent children to apply for undergraduate scholarships at one of the participating TE member institutions. A list of over 600 colleges and universities that participate in the TE Program can be viewed at the Tuition Exchange web site.
Please note that the selection criteria for participation in the Tuition Exchange Program are made by the admitting institution, not by WPI. Additionally, the selection criteria for TE Scholarships vary based on the availability of Tuition Exchange Program slots, academic rules and regulations, and other requirements of the admitting institution.
Eligibility
The Tuition Exchange program is a scholarship program and not a fringe benefit provided by WPI. Full-time faculty and staff who have completed three (3) years of full-time employment with WPI are eligible to apply for participation in the Tuition Exchange program on behalf of their dependent children. Submitting an application for the Tuition Exchange program does not guarantee acceptance at a Tuition Exchange member institution or insure receipt of a Tuition Exchange scholarship.
If you have a child who is currently a senior in high school or a child attending a TE member institution without a TE Scholarship, please follow the steps below.
1). Review list of TE institutions
If you have a child who is currently a senior in high school or a child currently attending a college or university, please visit the Tuition Exchange website to view a list of the TE member institutions. If your child plans to apply or is currently attending a TE member institution, you will need to complete a WPI Tuition Exchange Application to Participate Form.
2). Complete the WPI Tuition Exchange Application to Participate Form (available in the Human Resources Department or online) and return it to the WPI Human Resources Department by October 15, 2009 for the academic year 2010-2011.
Please note, if your dependent child is currently attending a TE member institution and currently has a TE Scholarship, you do not need to complete another WPI Tuition Exchange Application to Participate Form.
3). WPI TE Lottery
WPI must maintain a balance of TE exports (WPI dependent children receiving a TE scholarship at a member TE institution) and WPI TE imports (students enrolled at WPI whose parent is employed at another TE school) as part of the management process for the TE Program.
In order to maintain the export/import balance, WPI cannot export all of the WPI TE applications that are submitted to Human Resources by WPI employees in a given academic year. In order to determine which applicants will be selected for export to TE member institutions, the WPI Human Resources Department runs a computerized random lottery. The number of slots that are available for WPI to export each year is based on past years' export/import balances. The TE lottery typically takes place in late October/early November.
4). WPI Office of Financial Aid sends out letter to TE lottery winners.
Once the names of the TE lottery winners are selected, they are forwarded to the WPI Office of Financial Aid from the WPI Human Resources Office. The TE lottery winners are informed of their lottery placement by mid-late November. Lottery winners will have a TE export application submitted to each TE member school listed on the student's WPI Tuition Exchange Application to Participate Form.
5). WPI Office of Financial Aid sends out letter to applicants who are placed on TE wait list
The names of the students who do not win the TE lottery are also forwarded to the WPI Office of Financial Aid by the WPI Human Resources Office. These students are informed of their lottery placement and are placed on a WPI TE wait list. If any of the TE lottery winners drop out of the TE program, the first student on the TE wait list is contacted and his/her name is exported to the TE member institutions listed on his/her WPI Tuition Exchange Application to Participate Form.
6). TE member Institutions contact students
WPI will exports the names of the lottery winners to the institutions that are listed on their WPI Tuition Exchange Application to Participate Form during the months of November and December. At this point, it is up to the TE member institutions to contact the student about their TE Scholarship decision. TE Scholarship decision timelines vary widely from institution to institution as each institution has its own awarding criteria and deadlines. Most TE institutions will mail a confirmation letter to the TE applicants once the TE export certification is submitted. These confirmation letters usually outline the timeline as to when the student will hear about the TE Scholarship decision.
If you have any questions about the TE process at the institutions your child is applying, please feel free to contact those institutions to inquire about their awarding criteria and scholarship decision timelines.
7). Notify WPI TE Liaison of your TE Scholarship acceptance
Please notify the WPI TE Liaison if you accept the TE Scholarship and enroll at a TE institution. Additionally, you will need to report the status of your enrollment each academic year so the WPI Liaison officer can submit a TE Re-certification Form to renew your child's TE Scholarship. If your child decides to withdraw or transfer to another institution, it is your responsibility to notify both the host and home school TE liaison officers promptly.
TE Scholarship Selection Process – Things to keep in mind
1). TE export candidates must apply for admission to each member institution they wish to attend.
2). If TE export candidates wish to be considered for financial aid at their TE institutions, it is highly recommended they adhere to the financial aid deadlines for each institution as the TE Scholarship is not a guarantee.
3). If your child receives the TE Scholarship from a TE member institution, please note that the scholarship funding comes from the TE member institution and not WPI.
4). Awarding parameters and timelines for TE Scholarship selections vary widely among TE institutions. Some TE institutions will base their TE Scholarship decision on a student's academic record while other TE institutions will offer a TE scholarship to each applicant who applies. Because of these varying awarding criteria and deadlines, you will need to contact your child's TE institution(s) if you have questions about their process.
5). The value of a TE Scholarship is dependent on the TE institution's tuition. Scholarships cover full tuition, or a rate set by Tuition Exchange, but not special fees, course overloads, or room and board charges. For the 2010-2011 academic year, institutions that charge more than $30,000 for tuition are permitted to award less than their full tuition, but not less than $30,000. Some colleges cover other expenses in their awards. The "Conducting a School Search" page located on the TE web site contains information indicating which schools offer more than basic tuition. Some member institutions reduce their scholarships by the amount of federal and state grants awarded to a student.
6). If your child is selected to receive a TE Scholarship at a TE institution, it will not be necessary for you to complete another WPI TE Application in future years as long as your child remains at the same TE institution. However, you will be required to confirm your child's enrollment for the upcoming academic year with the WPI Tuition Exchange Liaison Officer as the TE Scholarship for your child is dependent on re-certification by WPI to your child's institution each year.
During the month of April, employees of current WPI TE exports will receive paperwork from the WPI Office of Financial Aid requesting they complete and return to the WPI Tuition Exchange Liaison Officer confirming his/her child's enrollment for the upcoming academic year. This information will be used to confirm renewal TE export scholarship recipients with their TE institutions. In addition to this re-certification by WPI, renewal TE export recipients also need to meet required academic and behavioral standards of the admitting institution to qualify for re-certification.
WPI's Tuition Exchange Liaison Officer
Monica Blondin
WPIOffice of Financial Aid
100 Institute Road
Worcester, MA 01609
Telephone: (508) 831-5469
Fax: (508) 831-5039
Email: mmlucey@wpi.ed
You can also contact Patricia MacInnes in the WPI Office of Financial Aid if you have any WPI TE questions at macinnes@wpi.edu
Maintained by webmaster@wpi.eduLast modified: October 02, 2009 15:08:01