St. Thomas is accepting applications for six scholarships to be awarded for the 2017-18 academic year.

The Tuition Exchange is a competitive scholarship program available to the dependent children of eligible faculty and staff at more than 600 participating member institutions. Through this program more than 6,000 scholarships are awarded annually.

To be eligible to apply, all the following must be met:

  • The St. Thomas employee must have been employed at the university for at least three years on a continuous full-time (1.0 FTE) basis as a regular (non-temporary) employee.
  • The student must qualify as a dependent under the Internal Revenue Service definition.
  • The student must apply to an undergraduate program of a Tuition Exchange member school. Students are responsible for meeting admissions requirements and for being accepted as a Tuition Exchange student by the host school.

The university’s selection criteria for application acceptance will be based on the eligible employee’s length of service at St. Thomas using a weighted lottery. For example, if an employee has 15 years of service, his or her name will be placed in the lottery drawing 15 times for a chance to be selected, while an employee with four years of service will have his or her name in the drawing four times.

Applications that cannot be approved because of the quota system will be placed on a waiting list and will be processed should spaces become available.

Tuition Exchange applications for the 2017-18 academic year are available in the HR-Benefits Office, Aquinas 201. Interested eligible employees must complete and submit an application on behalf of their dependent by Oct. 17. Applicants will be notified of their status by Oct. 31.

If you have questions or would like to obtain an application, please contact tuitionremission@stthomas.edu or call (651) 962-6520.

Additional information on participating colleges and universities can be found at tuitionexchange.org.

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