May
2008 Press
Release
Eligible Students Could Save
$11,000 in College Tuition Next Year
Academic Common Market application deadline
is June 30, 2008
(Annapolis, MD) May 2, 2008
If college students’ majors are not offered at a public college
or university, they may be eligible for in-state tuition rates
at over 150 southern public colleges that participate in the
Academic Common Market (ACM).
Last year, Maryland residents majoring in programs such as
mining engineering at Virginia Tech, interior design at the
University of Georgia and marine science at Coastal Carolina
University saved an average of $10,715 annually in tuition
costs.
The ACM is a tuition savings agreement among the 16 member
states of the Southern Regional Education Board (SREB): Alabama,
Arkansas, Delaware, Florida, Georgia, Kentucky, Louisiana,
Maryland, Mississippi, North Carolina (graduate programs with
restrictions), Oklahoma, South Carolina, Tennessee, Texas,
Virginia, and West Virginia. Public colleges in SREB states that
elect to participate in the ACM select the programs of study
they will offer. Both bachelor and graduate-level programs are
offered in the ACM. First professional degree programs—such as
pharmacy, law, dentistry, and medicine—are not included in the
ACM.
In Maryland, the ACM program is administered by the Maryland
Higher Education Commission (MHEC). Genevieve Segura, ACM state
coordinator, has worked with the program since 1998. “Ten years
later we have certified over 1,000 students at participating
colleges in the other 15 ACM states,” Higher Education Secretary
James E. Lyons, said. “I applaud Governor O’Malley and Lt.
Governor Brown for being so supportive of this extremely
worthwhile program. It provides a great savings to the citizens
of Maryland, and exemplifies the fact that the O’Malley/Brown
administration understands fiscal responsibility.”
ACM students from Maryland have enrolled in baccalaureate
programs in acting, architectural engineering, aerospace,
apparel and textile engineering technology, broadcast
meteorology, equine science, filmmaking, fire and safety
engineering technology, forest resource management, hearing and
speech sciences, radiological sciences, and other majors not
offered in Maryland. Students in master’s programs in
archeological preservation, art therapy, diplomacy and
international commerce, environmental science and public policy,
hearing and speech sciences, and historic preservation have also
received ACM tuition savings. At the doctoral level, students
have been certified for the ACM in optics, ocean engineering,
meteorology, mining engineering anthropology, audiology, applied
anthropology and technology education.
The Academic Common Market provides a significant benefit. The
savings help students attend higher education institutions to
pursue their career dreams and allow them to attain education
goals they might have not been able to afford.
In addition to the ACM campus-based programs, the ACM/Electronic
Campus offers distance learning opportunities. There are
currently several undergraduate and graduate-level degree
programs available to Maryland residents. Working adults who are
pursuing degrees can complete their degrees and receive the ACM
tuition savings while remaining employed in their current job.
SREB is the nation’s first interstate compact for education.
Founded in 1948 by southern leaders in business, education and
government, SREB works to improve every aspect of education from
early childhood to doctoral degrees and beyond. More than 2,000
students in the 16 member states are certified each year for the
ACM.
The ACM application deadline for fall 2008 semester is June 30,
2008. Students and parents with questions about the application
process are encouraged to contact MHEC at (410) 260-4542 or
(800) 974-0203, ext. 4542 (toll-free outside of the 410 area).
Program guidelines, a list of participating institutions and
eligible programs, and the application form are available online
at www.mhec.state.md.us.
The Maryland Higher Education Commission is a 12-member
coordinating board responsible for establishing statewide
policies for Maryland public and independent colleges and
universities and private career schools. It serves as an
advocate for more than 325,000 college students in Maryland, for
the State and its needs, and for business and industry in
Maryland.