The dilemma: You have your heart set on getting a particular degree, but no in-state colleges offer your chosen field of study. Out-of-state schools offer the program, but you can’t afford the tuition.
What do you do? Kiss your professional dreams good-bye and settle for attending an in-state college? Or break the bank at an out-of-state school but earn the degree you want?
One possible solution: Check out the Academic Common Market. This program allows you to study a specialized field at an out-of-state college while paying in-state tuition.
Sounds great, right?
While there are a few catches, overall, the Academic Common Market is worth looking into if an out-of-state school wouldn’t ordinarily be financially possible for you. This program allows you to accomplish your academic goals without worrying about that out-of-state price tag.
The Academic Common Market is a tuition-savings program offered by the Southern Regional Education Board (SREB). More than 1,900 undergraduate and graduate programs are available for residents of SREB’s 15 participating states (everything from anthropology and biotechnology to cinematography and industrial design), and more than 100 colleges and universities participate.
The program is a win-win for both the states that participate and their students. States do not have to provide costly, specialized programs that are available to their residents through the Academic Common Market, and students who enroll in other states’ programs do not have to pay the higher tuition rates usually charged to out-of-state students.
The first step is to check out SREB’s website for information about applying to see if this program is a good fit for you. You can also see a list of the colleges that participate and the degree programs that are offered.
The ACM program is not competitive or merit-based, but applicants must meet state residency and college program requirements. Those requirements can also be found on SREB’s website.
Here are the basics to qualify:
1) Be a resident of an SREB member state.
2) Select a participating program that is approved for the Academic Common Market for their state. (To qualify, no public college or university in the student’s home state can offer a degree program in his or her chosen field of study).
3) Be admitted unconditionally into that program, and be certified as a resident of his or her home state.
The new dilemma: You’re interested in this program but have questions or need help with the process.
The solution: Call Landmark 12 Consulting.