Grounded in narrative inquiry, this study explored the ways in which graduate and undergraduate students representing different worldview identities come together in dyads to share stories that reflect their existential and spiritual development. The study revealed two contrasting types of exchange: (1) deep, personal exchanges that involved a disclosure of significant life experiences in conversations built upon mutual understanding and rapport (2) and distal, surface exchanges that consisted primarily of information sharing. Deep, personal exchanges had the potential to transform participants' perceptions of self and others, but contextual aspects of the exchange-including personal background and approaches to constructing identity-also played a role in the transformation process. The paper concludes with best practices for residence life professionals interested in facilitating spiritual exchange among diverse college students.