The Tuition Exchange is a national scholarship exchange program for eligible dependent children of employees, with members from over 600 U.S. colleges and universities. Florida Institute of Technology will only exchange with dependent children of employees at private colleges or universities that participate in The Tuition Exchange.
The Tuition Exchange Program is administered by the Office of Financial Aid. The Tuition Exchange Program Liaison Officer is Jay Lally, AVP of Enrollment management and Financial Aid.
Students wishing to attend Florida Tech as part of the Tuition Exchange Program must:
Tuition Exchange recipients will be notified no later than April 15. To accept Tuition Exchange, students must notify the Tuition Exchange Liason no later than May 1.
In 2020-2021, Florida Tech Tuition Exchange Scholarship awards will provide full-tuition or up to $37,000, whichever is less, per academic year in an undergraduate day program. The Florida Tech Office of Financial Aid awards Florida Tech Exchange Scholarships based on academic performance, extracurricular achievement and any other indicators of the academic strength of prospective students. The scholarships will be available for four years (9 semesters). Any additional costs must be covered by the student. Room, board, flight training and other Florida Tech fees are not covered by the Tuition Exchange Program scholarship. A student who is granted a Tuition Exchange Program scholarship is not eligible for any other scholarships or grants given by Florida Tech.
When a student is granted a Tuition Exchange Program scholarship award, the student must maintain status in a full-time, on-campus undergraduate day program, maintain a 2.6 cumulative GPA, 75% or better completion rate, and comply in full with the policies and procedures of Florida Tech. A Tuition Exchange Program scholarship may only be used for full-time undergraduate matriculation in the following colleges: College of Aeronautics; College of Business; College of Engineering and Science; and College of Psychology and Liberal Arts.
Students that hold a Tuition Exchange Program scholarship must be re-certified each year by the private college or university of the eligible parent/guardian and must fulfill all obligations of the Florida Tech Tuition Exchange Program scholarship.
Florida Tech and the Tuition Exchange Program reserve the right to modify or terminate this program at any time.