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a secondary-school or college student who studies for a period, usually one year, at a foreign institution as part of a reciprocal program between two institutions or countries.

Participants fund their participation via scholarships, loans, or self-funding. Student exchanges became popular after World War II, intended to increase the participants' understanding and tolerance of other cultures, as well as improving their language skills and broadening their social horizons.

Exchange Agreements. Introduction. Parties enter into an Exchange Agreement in order to exchange tangible goods, intellectual property, real property or securities. An Exchange Agreement may arise from an independent business arrangement or be part of a merger, acquisition, reorganization or other business transaction.

Host Family Requirements Exercise supervisory and parental responsibility to ensure the student's well being. Provide a quiet place in the home where the student can study. Provide a room with an exit window, bed, and storage with no more than one roommate of the same sex. Provide three meals per day.

Host Families can receive a monthly stipend of $1,000* (Varies by state) to assist with their expenses. Boost your monthly stipend and earn other rewards by referring qualified host families matched with a student.

An Exchange Agreement serves as the formal framework needed to develop a student exchange program at the undergraduate or graduate level. Exchange partnerships are developed with international institutions of similar academic standing.

You can expect to pay about $600 per week for an exchange program. Add to that the cost of your travel, which can be equal to the cost of the exchange itself, your visa expenses (if any), and insurance. You'll also need some pocket money and may have to pay for some meals.

Host Families can receive a monthly stipend of $1,000* (Varies by state) to assist with their expenses. Boost your monthly stipend and earn other rewards by referring qualified host families matched with a student.