Recognizing the increasing costs of higher education, many staff, faculty and administrators at Council member institutions are concerned about financing the college education of their dependents. While most member colleges offer tuition reduction or tuition waiver options to dependents of their own employees, the Council's Tuition Waiver Exchange Program broadens this opportunity to numerous evangelical liberal arts colleges. The nature of this cooperative program being offered is entirely consistent with the Council's goal of building bridges among the Christ-centered liberal arts colleges of the United States and Canada.
Benefits accrue to all involved.
In addition to the opportunity for faculty members, staff and administrators to send dependents to other participating colleges and universities, other benefits include financial considerations. For instance, if space is available in the dormitories, the program probably generates room income that otherwise would not be earned. Student fees other than tuition would be assessed to incoming students. In addition, given that most incoming students would be coming from moderate income families which already have tuition remission plans at their home institutions, it is unlikely that they would have been full-tuition paying students to the receiving institution. If a participating institution receives a large number of applications for its designated slots and must make choices among them, that institution is granted the privilege of selecting, on the basis of standard admissions criteria or other institution-determined criteria, which applicants to accept.