A Comparison of Council of Independent Colleges (TEP) And The Tuition Exchange, Inc. Council of Independent The Tuition Exchange, Colleges (TEP) Inc. Number of school 427 641 members 1700 6600 Number of scholars Additional cost of $350 Annual program cost Must belong to CIC $500 - no additional annual Institutional dues institutional dues range from $2,884 - $9,355 Participation fees None $35 per export Full tuition or Award amount Full tuition Optional set-rate* or 1/2 tuition (public school option) Tuition - 25% with tuition above Tuition rate options typically highest tuition optional set rate* - schools do not highest tuition schools participate in TEP participate Three (3) new exports Export considerations Unlimited - in practice allowed annually. schools average one Additional exports new export annually require import/export balance. Import/Export balance Import considerations Minimum requirement of required for exchanges three (3) annually above the initial annual three (3) export allowance to mid-size Small to very large School member size enrollment enrollment
A Comparison of Council of Independent Colleges (TEP) And The Tuition Exchange, Inc. Council of Independent Colleges (TEP) The Tuition Exchange, Inc. Number of school members 427 641 Number of scholars 1700 6600 Annual program cost Additional cost of $350 Must belong to CIC annual Institutional dues range from $2,884 - $9,355 $500 - no additional institutional dues Participation fees None $35 per export Award amount Full tuition Full tuition or Optional set-rate* or 1/2 tuition (public school option) Tuition rate options Tuition - typically highest tuition schools do not participate in TEP 25% with tuition above optional set rate* - highest tuition schools participate Export considerations Unlimited - in practice schools average one new export annually Three (3) new exports allowed annually. Additional exports require import/export balance. Import considerations Minimum requirement of three (3) annually Import/Export balance required for exchanges above the initial annual three (3) export allowance School member size to mid-size enrollment Small to very large enrollment