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Tuition Exchange (TE) is a program that offers scholarships for dependents of college faculty and staff who work at . ҹɫÍõ³¯is proud to be one of 700+ participating schools that offer this opportunity. At SMU, this benefit is offered to select undergraduate students seeking a bachelor's degree. Tuition Exchange is not available to graduate degree programs.

For the 2025-26 academic year, eligible undergraduate students can receive up to $43,000 for the academic year.

Tuition Exchange covers a percentage of tuition charges only for Fall and Spring semesters, including ҹɫÍõ³¯study abroad programs for Fall and Spring. It does not cover fees, Intersessions, or the ҹɫÍõ³¯Taos program.

Students must apply to ҹɫÍõ³¯through Undergraduate Admission office and be admitted under the standard admission process.

ҹɫÍõ³¯selects undergraduate students based on a holistic review across a variety of factors. The Tuition Exchange requirements vary depending on whether you are an incoming applicant or an outgoing applicant. For external (outgoing) applicants please visit this page.

Incoming applicants — to qualify, you must:

1. Be the dependent of a faculty or staff member who works at a that qualifies according to your home universities Tuition Exchange rules. At SMU, this benefit does not apply to spouses of faculty or staff members.
2. Apply to SMU.
3. You must be admitted to the university to be considered for a TE spot.
4. Complete the application steps below.

1. Create your and submit your TE EZ-Application (tips below)
2. Apply to SMU as an undergraduate student.
3. Parent's employer (home university) must approve the Tuition Exchange application.
4. Tuition Exchange Applications must be complete by Jan. 15th
5. Complete both  and  by February 1st
6. Must be admitted to ҹɫÍõ³¯for your application to be considered.

In April you'll receive an email from SMU. You can also track the status of your TE EZ-Application by logging into the .

Here's what your means for Tuition Exchange:

• Denied-Not an eligible Employee – The Export (sending) school has deemed the student is not eligible to be considered for TE Scholarships at any schools because they are not eligible. Direct questions about this to the Tuition Exchange Liaison Officer (TELO) at the Export School (the eligible faculty/staff member’s employer).
• Awaiting Import School Decision – The student’s Tuition Exchange scholarship has not yet been thoroughly reviewed by the Import School (the school that offers the TE Scholarship to the student). Direct questions about this to your Admissions counselor at the Import School.
• Awaiting Export Decision – The Export school's TE Liaison Officer has not approved the application for Export consideration. Direct questions about this to the Tuition Exchange Liaison Officer where the school the parent is employed.
• Export Approved – The Export (sending) institution, approved the student for TE Scholarship consideration at the institutions listed on the student's TE EZ-Application. Now, the Import Schools need to decide if they will offer Tuition Exchange to the student should he/she enroll.
• Denied-Other – Reasons vary ex. The family informed the Export TE Liaison Officer that the student was no longer interested in attending that particular school. This action occurred because of information your family shared with your TE Liaison Officer.
• Denied-Min Req Not Met – The Export institution did not approve the student to be considered for TE at other institutions because eligibility requirements were not met. Check with the Tuition Exchange Liaison Officer at the parent’s school.
• Denied-Accepted, Didn’t Enroll – The student was offered a TE Scholarship as an accepted student but decided to attend elsewhere.
• Denied-Did Not Apply – The student never applied for admission to the institution so they are no longer being considered for a TE Scholarship.
• Under Review – The import institution is reviewing the application.
• Import Approved – The import institution approved the student for a TE Scholarship.
• Declined-Student Offered But Did Not Want – The student was offered a TE Scholarship at that institution but did not accept it.

It depends. This is up to the discretion of and may from change year to year. To find out, contact us at fa.scholar@smu.edu.

Yes. The benefit ends after eight semesters or four years or graduation — whichever comes first.

TE may be stackable with other ҹɫÍõ³¯scholarships up to tuition and fees. All institutional aid cannot exceed tuition and general student fees and cannot apply toward any other charges. ҹɫÍõ³¯Opportunity or Access ҹɫÍõ³¯will be canceled. Contact fa.scholar@smu.edu for specific questions.

Yes. You can apply for Tuition Exchange for the next academic year by completing the following steps by Jan. 15:

1. Submit your Tuition Exchange (tips above)
2. Apply to SMU as an undergraduate

No.

Change in eligibility status, including a change in your parent's employment with the TE-affiliated school or academic suspension.

If you're in good academic standing and take a leave of absence from SMU, you can retain your Tuition Exchange benefits if you return within two years.

Yes, your parent’s employer/university is required to verify you are still eligible to receive Tuition Exchange before your aid can be disbursed each fall and/or spring term.

For questions about your approval for Tuition Exchange at SMU, email fa.scholar@smu.edu. For questions regarding your parent's employer, connect with .