Is hosting an exchange student a good idea?
Is hosting an exchange student a good idea? By hosting an exchange student from another part of the world, you promote friendship, understanding, and cooperation. These exchanges allow us to better understand our differences and appreciate our similarities. This is one of the most important lessons we can learn and teach through cultural exchange.
How does an exchange student work?
What Is a Foreign Exchange Student Program? A foreign exchange student program helps high school or college students travel to a new country to live and study abroad. Exchange students study at a local high school or college, integrate into the American student lifestyle, and live with a host family in their home.
How long do exchange students stay?
An exchange student typically stays in the host country for a period of 6 to 12 months; however, exchange students may opt to stay for one semester at a time. International students or those on study abroad programs may stay in the host country for several years. Some exchange programs also offer academic credit.
Is hosting a foreign exchange student tax deductible?
You can deduct up to $50 a month for each full calendar month the student lives with you. Any month when conditions (1) through (3) are met for 15 or more days counts as a full month. Qualified organization.
