York College participates in two exchange programs, The Tuition Exchange, Inc. (TE, Inc.) and the Council for Independent Colleges Tuition Exchange Program (CIC-TEP). York Country Day School also participates in the CIC-TEP. (Note: York College cannot make arrangements with schools that are not a member of either program, for example, Pennsylvania State University.)
The Tuition Exchange, Inc. (TE, Inc.), open to dependent children of YCP faculty and staff with at least 3 years (6 semesters) of full-time employment, is the larger of the two programs with 600+ member institutions. Unfortunately, the scholarship decision criteria applied by each school tend to differ and they are not published. Often it’s first-come, first-served. Competition for the scholarships can be intense although there is an incentive to offer numerous scholarships due to the program’s import/export balance requirement. For example, YCP’s ability to send (export) our employees’ children to other schools may be restricted if we are unable to attract (import) the children of employees from other member colleges. We currently run an acceptable balance and do not expect to receive any restrictions from TE, Inc. Contrary to popular belief, we do not have to import a student from a particular school in order to send a student to that school. Our import/export balance is based upon program activity as a whole, so your child may apply to any member school. The annual dollar value of the annual TE, Inc., scholarship varies. Most TE scholarships cover full tuition, but not special fees, course overloads, or room and board charges. For 2015-2016, institutions that charge more than $33,000 for tuition are permitted to award less than their full tuition, but not less than $33,000. Colleges that charge less than $33,000 for tuition are encouraged (but not required) to increase the monetary value of the TE Inc. scholarship by including other charges (like fees or room and board) in their awards.
The Council for Independent Colleges - Tuition Exchange Program (CIC-TEP), open to dependent children of YCP and YCDS employees in the fall following the start of their full-time employment, typically includes smaller private schools that might experience difficulty meeting the requirements of an import/export balance program. As a result, the CIC-TEP Program works differently. Participating institutions are required to award a minimum of three CIC-TEP scholarships for full tuition (no $ limit) each academic year to incoming students. No limits are placed upon the total number of students we may export under this program.
Please note that your dependent must apply for admission to the participating school prior to applying for an exchange scholarship. You cannot just randomly shop around for available scholarships.