Academic Common Market
Information from the SREB
What is the ACM?
The Academic Common Market is a tuition-savings program especially for college students who live in the 16 states that are members of the Southern Regional Education Board (SREB), a nonprofit education organization.
If you live in an SREB state,* you may be able to enroll in an eligible degree program offered in another SREB state — but pay in-state tuition rates. Joining the ACM can save you thousands of dollars over the course of your studies.
More than 2,000 students currently participate in the ACM in more than 1,800 programs at 149 institutions. The next one could be you!
How do I participate in the ACM?
It’s simple. You must:
1. live in one of the 16 SREB states*
2. select an eligible program for residents of your state
3. be admitted to the institution offering the program, and
4. certify residency in your state.
Sounds great. How do I sign up?
First, go to the Web site for more information. Search the eligible ACM programs and institutions for your home state.
Contact the institution, apply for that program and get admitted. Then contact your ACM state coordinator, who will help complete the process. To find your coordinator, just go to the Web site and click on your participating state.
What if the program I’m interested in isn’t part of the ACM?
Just ask — you may be able to add the program you want. Contact the ACM state coordinator in your home state to learn whether the program may be added. Your coordinator is listed on the Web site.
* SREB states include: Alabama, Arkansas, Delaware, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia and West Virginia. Texas, North Carolina and Florida participate in the ACM at the graduate level only.
Information from the Maryland Website
Maryland Higher Education Commission
6 N. Liberty Street, 10th Floor
Baltimore, MD 21201
What is The Academic Common Market (ACM)?:
The Academic Common Market (ACM) is a tuition-savings program that operates on the premise that if public institutions (not including private institutions) in a student’s home state do not offer a degree program major (undergraduate or graduate) that a student intends on pursuing, then s/he may attend a participating ACM out-of-state institution offering the degree of interest through the ACM and be granted a waiver of out-of-state tuition charges.
Which States Participate in the ACM?:
Only Alabama, Arkansas, Delaware, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, Oklahoma, South Carolina, Tennessee, Texas, Virginia and West Virginia participate in ACM. Florida and Texas do not participate at the undergraduate level in ACM. These States offer ACM benefits to graduate students only.
Which degree programs do not qualify for ACM benefits?
Associate degree programs and non-degree programs are not eligible for ACM benefits. First professional degree programs, such as law, medicine, dentistry, pharmacy, and optometry are also not eligible for ACM benefits.
Which degree programs do qualify for ACM benefits?
Is ACM a Financial Aid Program?
No, it is not a financial aid program or affiliated in any manner with scholarships, award money or financial aid packages that students receive. The ACM program is not competitive, merit-based, or need-based. Given that the ACM program represents a cooperative agreement among 15 states, the State of Maryland also reciprocates and reduces tuition for students from partnering ACM states.
Who may apply?
Currently enrolled Maryland high school seniors, full-time, degree-seeking undergraduate and graduate students who have been fully accepted or are already enrolled in an eligible program of study at a participating public college/university may apply.
Additionally, students who have switched ACM majors must also reapply as “new” ACM applicants and abide by the Maryland deadlines. Once granted the ACM tuition waiver, it is not necessary to reapply each year as long as the student remains enrolled full-time and in good academic standing (both defined by institution), does not change majors or institutions (even to another ACM major or institution); and maintains home state residency.
When to apply?
The ACM application and accompanying documents must be submitted to the State ACM Coordinator by the following deadline date(s):
Fall semester deadline - June 30th
Summer semester deadline - March 31st
Spring semester deadline - November 30th
***ACM application deadline dates are firm and may not be appealed***
**Students, not the institutions, are held fully responsible for being informed about the ACM application deadlines as well as the institution’s deadlines**
Besides Maryland’s ACM application closing deadlines, are there any other important dates?
First time ACM applicants are advised to contact the university and be fully informed of the institutional deadlines.
What are the ACM eligibility requirements?
In order to become eligible for the ACM tuition waiver, all of the following criteria must be met:
How to Apply?
Maryland residents interested in studying at an out-of-state ACM program; those who are transferring from one ACM major to another; or returning to college after a leave of absence must file an ACM application with the State ACM Coordinator by the deadline and be certified as a Maryland resident per the instructions below:
Is it necessary to reapply every year for ACM benefits?
No, provided students:
What will happen once ACM is approved?
Once a “complete” application is received, the State ACM Coordinator will:
Can the waiver of out-of-state tuition be applied retroactively?
The ACM tuition waiver is applicable only for the institution, degree major and start date specified in the ACM certification letter. Southern Regional Education Board policy prohibits retroactive ACM tuition waivers.
Who can help me with a student account question?
For questions about adjustments to a student account, contact the campus Registrar. This agency cannot interfere with institutional business nor student appeals involving ACM institutions.