What is the purpose of Oklahomas participation in the Academic Common Market and what are the advantages?
A. Residents of 16 Southern Regional Education Board (SREB) states may participate in the Academic Common Market (ACM), an agreement that enables students to pursue unique academic majors offered at public institutions in the other SREB states at in-state tuition rates. Oklahoma students and parents participating in such programs realize significant savings because in-state tuition rates are generally substantially lower than out-of-state rates. Oklahoma taxpayers also save because the ACM provides access to costly, unique baccalaureate and graduate programs that otherwise would have to be duplicated in our own state.
