Full-time employees in a regular position at Drake University are eligible to participate in two tuition exchange programs, which offer waived or discounted tuition at other participating institutions for employees, their spouse/partner, or eligible dependent(s).
Those wishing to apply for tuition exchange in the 2023–2024 academic year can apply now. Applications should only be completed for students not already approved for tuition exchange—those who have been approved for tuition exchange in prior years will automatically be re-certified for consideration in the 2023–2024 academic year (assuming the employee remains eligible).
There are 3 main steps in the tuition exchange application process:
- Employee submits the online tuition exchange application (and the student should also apply for admission at the schools listed on the application).
- Drake’s Office of Student Financial Planning will confirm and certify the employee’s eligibility to participate in the tuition exchange program. This is done on a rolling basis as applications are received.
- Each school listed on the application will determine whether they can offer the student a tuition exchange award.
Schools have different application deadlines and timelines for announcing award determinations. It is the employee’s responsibility to submit the tuition exchange application early enough to allow time for step #2 to be completed in advance of each school’s deadlines.
Details about each of Drake’s tuition exchange programs are provided below:
Tuition Exchange, Inc. (TE)
TE has over 670 participating schools. Visit tuitionexchange.org to learn more, view participating schools, and to submit an application.
Council of Independent Colleges & Universities Tuition Exchange Program (CIC-TEP)
CIC-TEP has over 440 participating schools. Visit cic.edu/tep to learn more, view participating schools, and to submit an application.
— Ryan Zantingh, Student Financial Planning