FACHEX/Tuition Exchange Program Information
|Policy No.:||4-19||This policy applies to:|
|Policy Name:||FACHEX/Tuition Exchange Program Information||
What is FACHEX?
FACHEX is an acronym for the Faculty and Staff Children Exchange Program. It is an undergraduate tuition remission program for the children of full-time faculty, administration, and staff of the participating institutions. It permits children eligible for tuition remission at their home institution (parent’s employer) to receive the same benefit at another Jesuit school.
What Jesuit universities and colleges participate in the program?
Twenty-seven of the twenty-eight Jesuit schools participate in the FACHEX program. Georgetown does not participate. The following schools do participate: Boston College, Canisius College, College of the Holy Cross, Creighton University, Fairfield University, Fordham University, Gonzaga University, John Carroll University, LeMoyne College, Loyola College in Maryland, Loyola Marymount University, Loyola University Chicago, Loyola University New Orleans, Marquette University, Regis University, Rockhurst College, St. Joseph’s University, St. Louis University, St. Peter’s College, Santa Clara University, Seattle University, Spring Hill College, University of Detroit Mercy, University of San Francisco, University of Scranton, Wheeling Jesuit College and Xavier University.
What is Tuition Exchange Program (TEP)?
Tuition Exchange Program (TEP) offers a similar tuition benefit as FACHEX for the children of full-time faculty, administration, and staff of the participating institutions. However, TEP has a larger selection of participating colleges/universities that are non-Jesuit related. The TEP procedures may be accessed at this link: TEP Procedures. A list of participating schools is on the TEP website at www.tuitionexchange.org and the application for FACHEX/TEP is available on the Human Resources website at FACHEX/TEP Student Export Application.
What are the benefits of the program?
Generally, FACHEX/TEP awards cover the cost of tuition during the regular sessions for undergraduate studies. However, the individual institution may exclude certain programs from the FACHEX/TEP award. For example, summer sessions are often not covered by FACHEX/TEP awards. Also, room, board, and fees are not covered by FACHEX/TEP. FACHEX/TEP awards apply to semester exchange programs for which participants pay Loyola tuition based on agreements listed on the website. It does not apply to study abroad program fees or fee-based study abroad programs, such as Loyola summer study abroad programs, Loyola semester abroad programs, and non-Loyola programs.
Is a FACHEX award guaranteed at all participating institutions?
The number of FACHEX/TEP spaces is limited at each institution and can be very competitive. Each institution has autonomy over the method used to determine who receives FACHEX/TEP. In general, the following items can improve a student’s standing: strong academic record, early date of admission, and early date of notification that the student is eligible for FACHEX/TEP. Loyola considers Fall semester first-time import students for the FACHEX/TEP award.
What is the procedure for seeking FACHEX?
The application for FACHEX/TEP is available at FACHEX/TEP Student Export Application. The application process will notify the FACHEX/TEP coordinator that your son/daughter is interested in the FACHEX/TEP institution. Students who apply for one of the eligible Jesuit schools will be considered for FACHEX while those applying for non-Jesuit schools will be considered for TEP. Students are eligible to receive only one of these program awards, not both.
Application for admission to the participating university/universities and to adhere to all admissions deadlines at the individual institution is the student’s responsibility. Once an enrollment decision has been made, notify the Loyola FACHEX/TEP coordinator.