Overview of the FACHEX Program
what is fachex?
Established by the Conference of Academic Vice Presidents of the Association of Jesuit Colleges and Universities (AJCU) in 1971, FACHEX is an acronym for Faculty and Staff Children Exchange.
FACHEX is an undergraduate tuition remission option for children of current full-time faculty, administrators, and staff. Through the FACHEX program, employees who have a tuition remission benefit for their children at their home institution can apply to receive consideration for the same benefit at participating Jesuit colleges and universities, should the student meets that school's requirements for FACHEX applicants, and there is space available. It is important to realize, however, that FACHEX awards tend to be extremely limited in number, and highly competitive in terms of academic selectivity. As a result, there are NO guarantees to the children of any given faculty or staff member that they will be able to utilize the FACHEX benefit at the institution of their choice.
Eligibility requirements are determined by the home institution. The general principle is, if the home institution grants a full tuition remission benefit to the child of a faculty or staff member, then the child is eligible to apply for a possible FACHEX award at the participating Jesuit institution(s) of their choice. It is important to realize, however, that each institution sets their own rules about how students are selected for a FACHEX award and it is the parent's responsibility to research what is required and follow any applicable deadlines/policies. Many schools use academic achievement as a determining factor, and will only consider incoming Freshman applicants.
At Boston College, an employee must have completed at least five years of continuous full time service to be considered eligible to apply for FACHEX at participating institutions.
FACHEX (if granted) only covers 4 years of continuous full time undergraduate study during the traditional fall and spring semesters. It is not available for part time study or for individual course remuneration.
Additionally, FACHEX (if granted) only covers tuition. Any additional expenses incurred by the student such as room, board, university fees, travel related expenses, or books are the sole responsibility of the student and/or the student's family.
Each participating institution determines the number of FACHEX awards it will grant to incoming students each year, as well as the selection procedure. As a general rule, these positions are extremely limited in number, hence highly competitive in terms of both availability and selectivity.
As stated above, there are no guarantees to the children of any given faculty or staff member that they will be able to utilize the FACHEX benefit at the institution of their choice. For more information on the number of FACHEX awards available at a particular institution, or the selection process, contact the institution's FACHEX coordinator.