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Frequently Asked Questions
SREB's Academic Common Market
and
Academic Common Market/Electronic Campus Programs
What is the Academic Common Market?
The Academic Common Market is a tuition-savings program
for college students in the 16 SREB member states who want to pursue
degrees that are not offered by their in-state institutions. Students
can enroll in out-of-state institutions that offer their degree program,
and pay only the in-state tuition rates. Hundreds of undergraduate and
graduate programs are available for residents of SREB states. You can
easily search programs available for your homes state by clicking
Search for
Programs.
- The ACM program is not competitive or
merit-based, but applicants must meet state residency and college
program requirements.
- The ACM eliminates unnecessary duplication of
academic programs among participating states, recognizing that it is
impractical for any institution or single state to develop or
maintain degree programs in every field of knowledge;
- Supports existing degree programs that have the
capacity to serve additional students;
- Provides access across state lines for programs
not available in a student's home state
- First professional degree programs, such
as law, medicine, dentistry, pharmacy, and optometry are not
offered in the ACM and cannot be requested.
- Some institutions and states may impose
additional acceptance requirements such as full-time enrollment
status.
How do I apply for the Academic Common Market?
You must complete and submit an ACM certification application to
your state's designated agency. You must be certified by your home
state to participate in the ACM.
Confirm that the desired degree program is not offered by a
college or university within the home state. (link to table)
Submit at the required documentation to verify state residency.
How can I find out if my program of study is eligible?
You can check the
list of
eligible programs or send an email to
acm-rcp@sreb.org.
Who can participate?
Students who are legal residents of an SREB state are eligible to
participate. You must be admitted to the eligible degree program as well
as being certified by your home state as noted above.
Which states participate?
All 16 SREB states participate. However, some states limit participation
to certain degree levels (e.g. only graduate programs) and there may be
other restrictions. The SREB states are Alabama, Arkansas, Delaware,
Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, North
Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, and West
Virginia.
Which colleges and universities participate?
Many, but not all, public colleges in the SREB states. A complete list
is available at
http://www.sreb.org/programs/acm/acmindex.aspx.
Are all degree programs at participating institutions available in
the ACM?
No, participating colleges select the programs of study they wish to
make available to other states. A number of factors determine whether a
program is made available including capacity and demand for the program.
However, institutions will sometimes add a new program to the ACM upon
request from a participating state. Contact your
state
ACM Coordinator to initiate an inquiry on your behalf. First
professional degree programs, such as law, medicine, dentistry,
pharmacy, and optometry are not offered in the ACM, they are
offered through the
Regional
Contract Program.
Do available programs change?
Yes, participating institutions review the programs they are offering
each year and may add or remove programs. States review and add or drop
programs annually as well.
The degree program I want to pursue is not available in my home
state but is in another SREB state, but I don't see it listed in the
ACM. Can it be?
If you are interested in a degree program that is not available in your
state but is in another SREB state, you should contact your state
coordinator to inquire about whether it can be made available. Use the
following link to get
your
state coordinator's information.
Are distance learning degree programs offered in the ACM?
Yes, through a relatively new SREB program called the
Academic Common Market/Electronic Campus program,
students now have the opportunity to pursue eligible degree programs via
distance or e-learning and not have to leave their home state, work, and
other commitments. The same eligibility requirements apply to the ACM/EC
as the ACM.
Are there any other restrictions?
Yes, restrictions can be set at the discretion of participating colleges
and universities or the participating states. Check with
your
state ACM Coordinator if you are uncertain about a program.
How do I apply?
Contact
your state ACM Coordinator for the specific requirements of your
state. You will be asked to provide verification of your state residency
and verification of your acceptance to the eligible degree program at
the participating institution when your application is complete.
What is the deadline to apply?
You may submit your ACM application at any time, but each college sets
its own policy for payment of tuition deadlines. Students not certified
for the ACM by the institution's deadline may have to wait until the
next academic term to receive out-of-state fee tuition.
Do I re-apply each year for certification?
No, as long as you remain in the same program of study at the same
college or university, you do not need to re-apply.
Will my ACM participation affect my financial aid?
Reducing your tuition costs by not requiring you to pay out-of-state
tuition rates can decrease your eligibility for need-based aid. However,
your ACM tuition savings may be greater than the need-based aid you are
awarded. Your tuition savings will depend on which college you attend,
their tuition rates, fees, etc.
I just learned that I am enrolled in an eligible ACM program and
have been paying out-of-state tuition rates. Can I apply for the ACM
benefit? Can I get a refund of the out-of-state tuition I have already
paid?
Yes and No. Yes, you can and should immediately contact your home state
ACM coordinator, get certified for participation, and begin receiving
the tuition benefit in the next semester. For any previous semester or
even the current semester, you are not eligible for a refund.
Where can I get more information about the academic program I am
interested in that is listed in the ACM?
Visit the participating college or university through
Electronic Campus' “College
Tours” where general information about the institution is available
including admissions requirements, costs, credit transfer, institutional
financial aid, and various deadlines. You can also contact the academic
college or department for more information.
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