<p>Greetings. I just received my EA admission letter from BC this afternoon!
However, due to my family’s financial situation, I will only be able to attend BC if I qualify for the FACHEX award that they give to one applicant out of the eligible 70 that apply for it. </p>
<p>For those of you unfamiliar with the FACHEX program, the following is a short description of it from the BC website:</p>
<p>“FACHEX is an undergraduate tuition remission program 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 the same benefit at participating Jesuit colleges and universities, should there be space available, and the student meets that school’s requirements for FACHEX applicants. It is important to realize, however, that FACHEX awards tend to be extremely limited in number, and highly competitive. 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.”</p>
<p>How competitive is “highly competitive”? There seem to be no statistics available anywhere. </p>
<p>I want to know if I stand a chance.</p>
<p>Bumping for answers</p>
<p>Because FACHEX is such an obscure program (since it applies only to children of full-time faculty and staff at one of the 28 Jesuit colleges who want to attend another Jesuit college), it is very doubtful that any student or parent who regularly posts on these boards would be able to give you any meaningful input. (At best, you might get a personal anecdote that still wouldn’t help you much, since it would be a single data point.) If you really want to know, you should contact the BC Financial Aid Office and ask them directly; they would certainly be the most knowledgeable about your chances of snagging a FACHEX award.</p>
<p>I know this is late, but if another cofused Fachex kid stumbles upon this I hope I can help. The Fachex program is super competitive. Most schools only offer between 1-4 a year and the upper end schools (BC, Holy Cross, Fordham) get 60+ apps a year. I reccommend also looking at the Tuition Exchange Program (tuitionexchange.org) which you are eligible for if you are eligible for Fachex. They give out more scholarships (10ish a year) worth at least 80% tuition. </p>
<p>I’m going to Holy Cross on Fachex this year; feel free to message me if you have any questions about Fachex or TE.</p>
<p>This is also late, I just figured I would post this for anyone looking. I know I kept going back to this post looking for guidance, even though I’d already read about 50 times. I was accepted EA to Boston College and then waited for the FACHEX decision. I found out today, March 8, that I didn’t get it. I’m not posting this for support or anything, just thought I would inform that this year there was only one FACHEX spot with over 80 “exceptionally qualified” applicants. Hope this helps anyone!</p>
<p>FACHEX and Tuition Exchange are both highly competitive, but each institution has different policies. We learned, for example, that Syracuse offers full tuition remission for those qualified for TE if admitted to the university. Other institutions offer less money or fewer scholarships. It’s important for your parent who is the one qualified to help you navigate the policies and regulations of both FACHEX and Tuition Exchange. That said, if your parent IS an employee at a private university, you are always eligible for some form of tuition remission at that institution if accepted. It can be up to 100% in many cases. Important lesson: do homework on FACHEX and Tuition Exchange in junior year so you know your options when you apply in senior year. </p>