The HUJI exchange will normally allow up to two Ph.D.-seeking graduate students from each institution to study at the partner institution for one semester, or one graduate student from each institution to study at the partner campus for one academic year, under the general supervision of a member or members of faculty of the hosting department. Among Princeton graduate students who wish to participate in the exchange, preference will be given to graduate students from the Departments of Near Eastern Studies, Religion, and History. If not used by students in those departments, the exchange can be opened to other departments.

At HUJI, Princeton students will enjoy access to all the same facilities as regularly enrolled graduate students. There will be no tuition or fee exchange under this agreement. Princeton students will carry their regular University Fellowship support and Princeton University Student Health Plan coverage and cannot expect to receive any financial support from HUJI. Likewise, HUJI students will not receive funding or healthcare coverage from Princeton but will have access to University Health Services for a fee.  Students may apply for campus housing but it cannot be guaranteed.