Palm Beach Atlantic University is a proud member of the Tuition Exchange Program (TE). This program enables eligible employees’ dependent children to choose among other participating colleges and universities and apply for a tuition-free scholarship. In exchange, dependent children of employees of other colleges and universities who are members of this exchange program may apply to Palm Beach Atlantic University for a tuition-free scholarship. The primary obligation of members in the TE program is to maintain a balanced exchange pattern, a reasonable match between student “exports” and student “imports.”
To be eligible to apply for your dependent’s scholarship, you must meet all of the following criteria: You must be a full-time employee, as defined by the Human Resources Department, in good standing.
A dependent child as defined by IRS standards is the taxpayer’s child or stepchild (whether by blood or adoption), foster child, sibling or step-sibling, or a descendant of one of these; that has the same principal residence as the taxpayer for more than half the tax year. Exceptions apply, in certain cases, for children of divorced or separated parents.
An applicant is defined as the dependent child of an eligible employee who has applied for full-time undergraduate study to a college or university that participates in the TE program.
Guidelines for Tuition Exchange (TE):
- Palm Beach Atlantic University will sponsor every dependent child that is awarded the TE scholarship for either nine semesters or five and one half years, whichever comes first.
- By November 1, applicants will notify the program TE liaison officer of their intent to apply for TE scholarships for the following academic year by completing a preliminary tuition exchange application form available from the Financial Aid Office.
- By December 1, the liaison officer will determine the number of available TE scholarships available for the upcoming academic year. The number of available “slots” will be determined by the current and historical number of Palm Beach Atlantic University “imports” and “exports” and may vary from year to year.
- If the number of applicants is equal to the number of TE scholarships available, each applicant will be given the opportunity to apply for a TE scholarship
- If the number of applicants (potential exports) exceeds the number of TE scholarships (potential imports), candidates will be selected by a board of faculty and staff.
- If the number of exports greatly exceeds the number of imports to the extent potentially of putting Palm Beach Atlantic University in an “alert status,” which could jeopardize the University’s participation in the TE program, selection will be implemented based on the employee’s service date. Also, the University may suspend sponsoring students for export until a sufficient number of incoming students are registered for classes.
- TE candidates must complete a program application, which is available in the Financial Aid office. The liaison officer forwards the applications to the selected university or college.
- The selected university or college will notify the applicant whether the applicant is awarded the TE scholarship or not.
- Tuition Exchange does not include study abroad programs.
- If an employee’s dependent receives a TE scholarship from a participating institution, and the employee dies or qualifies for long-term disability during his/her scholarship term, Palm Beach Atlantic University will continue to sponsor the dependent so he/she will be able to fulfill the academic opportunity.
For more information on the Tuition Exchange Program, participating schools, and contact information for TE liaison officers please visit the Tuition Exchange website at http://www.tuitionexchange.org/.