St. Thomas is seeking applications by April 15 for three scholarships that will be awarded to dependent children of eligible employees for the 2015-16 academic year at Tuition Exchange institutions.
The university recently joined the Tuition Exchange, a competitive scholarship program available to the dependent children of eligible faculty and staff at more than 600 participating member institutions. Through the program, institutions offer an average of 6,000 scholarship awards a year.
Because St. Thomas joined the Tuition Exchange late in the process for the 2015-16 school year, only a pilot program of three students will be in the first year. The member school at which the student is accepted will determine the scholarship amount.
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 of three scholarships will be placed on a waiting list and will be processed should spaces become available.
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 the admissions requirements and for being accepted as a Tuition Exchange student by the host school.
Applications are available in the Human Resources Office, Aquinas 217, and must be submitted to Human Resources by 4:30 p.m. Wednesday, April 15.
If you have questions about the application process or want to obtain an application, please contact tuitionremission@stthomas.edu.
Additional information on participating colleges and universities can be found at www.tuitionexchange.org.
