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What is the difference between a prospectus and an application?

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What is the difference between a prospectus and an application?

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An application supports a request to move to a new degree level (i.e., associate to baccalaureate, baccalaureate to masters, masters to doctorate). It consists of two parts: a description of the proposed new courses or programs, and a description of the institution’s ongoing compliance with the Principles of Accreditation: Foundations for Quality Enhancement Applications are reviewed by the Board of Trustees; they should be submitted by April 15 for review in June, or by October 1 for review in December. A prospectus is required for approval of all other substantive changes. It provides a description of the proposed change and evidence that the institution has the resources to support the proposed program(s). A prospectus should be submitted at least 3 months before the starting date of the proposed change.

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