Financial Arrangements

Financial Arrangements

: Internship Program Costs

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The Washington Center’s program fee (tuition) is set between the average tuition of public and private institutions nationally. Students’ actual net costs vary greatly according to additional aid received from any of several sources, including their institutions, states, internship sites and The Washington Center’s own substantial financial assistance program.

Private Institutions

Since students remain enrolled on the home campus, most private colleges and universities collect their usual tuition, pay The Washington Center’s program fee from the amount collected, and retain the difference on campus. At some institutions, where tuition far exceeds The Washington Center's program fees, the institution pays both the program and housing fees. Students are usually able to continue to receive their regular financial assistance (which sometimes can be recalculated to account for the increased expense of being off-campus) as well as request consideration for additional assistance administered by TWC.

 

Private College or University Tuition* $16,740
Washington Center 2018 semester program fee $8,420
Washington Center 2018 semester housing fee $5,990


Example 1

The private institution charges the student tuition and forwards the program fee to The Washington Center. The institution retains the balance, in this case, $8,320. The institution also collects the $5,990 housing fee from the student and forwards it and the program fee to The Washington Center.

 

Example 2

The private institution collects tuition and forwards both the program fee and the housing fees to The Washington Center, retaining the difference of $2,330. In this case, the student doesn't pay for housing because the tuition covers both program and housing costs.

 

Example 3

The private institution charges the student tuition and forwards the program fee only to The Washington Center. The institution retains the balance, in this case, $8,320. The Washington Center bills the student separately for the housing costs.

 

Example 4

The private institution collects tuition and standard room cost for on-campus housing and forwards both program and housing fees to The Washington Center. (In this case, students pay the same amount they would to stay on campus and the institution retains a variable amount.)

 

*Source for average tuition costs is the College Board: four-year private yearly tuition $33,480, semester rounded to approximately $16,740.

Public Institutions

Most public affiliates establish billing arrangements to favor student participation—often waiving or forwarding tuition (perhaps after retaining some fees) to help minimize costs or assisting with institutional support (for example, honors or grant funding). Since students remain enrolled on their home campus, the institution is still credited with their FTEs, and the students are usually able to continue to receive their regular financial assistance (which sometimes can be recalculated to account for the increased expense of being off-campus) as well as request consideration for additional assistance administered by TWC.

 

Public College or University Tuition* $4,825
Washington Center 2018 semester program fee $8,420
Washington Center 2018 semester housing fee $5,990

Example 1

The public institution waives tuition, possibly after taking out appropriate fees, and allows the student to pay The Washington Center directly for program and housing fees. In this case, the student pays the $8,420 and $5,990 directly, less any applicable scholarships (which may be awarded from TWC or forwarded by the institution).

 

Example 2

The public institution charges regular tuition, then forwards it to The Washington Center in partial payment of the student’s program fee. The rest of the program fee, in this case $3,595 is paid by the student, as is the fee for housing at The Washington Center. The student pays $4,825 to the institution and the institution pays $4,825 to The Washington Center. Either The Washington Center bills the student directly for the remainder of the program and housing fees (less any applicable scholarships) or the institution, as the billing agent, collects this additional amount from the student and sends it to The Washington Center.

 

Example 3

The public institution charges regular tuition and pays The Washington Center program fee, making up the difference with institutional funds, in this case $3,595 (for example, with honors funding or grant support). The full program fee is then forwarded to The Washington Center. Either the students are billed separately for housing or, as the billing agent, the institution collects the tuition and housing fees and pays the total Washington Center invoice.

 

*Source for average tuition costs is the College Board: four-year public yearly tuition $9,650 (in-state), semester estimated at $4,825.

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