User blog comment:DiegoAnime3000/Thoughts on RWBY Vol. 2 Production Diary 3/@comment-24.93.195.246-20140509011530/@comment-4010415-20140509013216

I almost forgot about the "exchange students" thing. She may be referring to the people from other schools who're going to participate in the tournament. Maybe they're staying at Beacon Academy, similar to how things went during the Triwizard Tournament in Harry Potter.