Full-time Drake employees are eligible to participate in tuition exchange programs, which offer waived or discounted tuition at other participating institutions for employees, their spouse/partner, or eligible dependent(s). See Drake’s Tuition Exchange Policy for complete information.
Tuition Exchange applications for the 2025-2026 year are available now (complete online via the links provided below). Students receiving Tuition Exchange for 2024-2025 should not complete another application. (Tuition exchange renews automatically, as long as the employee and student remain eligible.)
There are three steps in the tuition exchange application process:
- The student submits a tuition exchange application online through one or both of the tuition exchange programs listed below (the student should also apply for admission at each school listed on the tuition exchange application).
- Drake Human Resources confirms and certifies the employee’s eligibility to participate in the tuition exchange program. This is done on a rolling basis as applications are received.
- The tuition exchange application is routed to each school the student included on the application(s), and each school will decide whether the student will be offered 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 700 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 430 participating schools. Visit cic.edu/tep to learn more, view participating schools, and to submit an application.
–Ryan Zantingh, Student Financial Planning