State Council of Higher Education for Virginia Page 1 of 4 Revised 11.2019
Application for Participation in the Academic Common Market
- IMPORTANT INFORMATION FOR APPLICANTS -
About the Academic Common Market (ACM)
The Academic Common Market (ACM), administered by the Southern Regional Education Board (SREB), is a tuition-
savings program for college students in 15 SREB states, who want to pursue degrees that are not offered by their four-
year, public in-state institutions. Students can enroll in participating out-of-state, four-year public institutions that offer
their degree program and pay the institution’s in-state tuition rates. The following states are partners - Alabama,
Arkansas, Delaware, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, Oklahoma, South Carolina,
Tennessee, Texas, Virginia, and West Virginia. Visit www.schev.edu/acm for additional information.
Student Eligibility Requirements
Students may apply for ACM eligibility if they:
Are a domiciled Virginia resident. Visit www.schev.edu/residency for more information.
Have been officially accepted or enrolled into the specific program of study offered at the out-of-state
institution and this program is listed in the current Virginia ACM inventory and available to Virginia residents.
Note: Students who have been "provisionally" admitted into an ACM major or who must complete coursework
before they are fully admitted to the program are NOT eligible for ACM tuition benefits until they are formally
accepted into the major.
Application and Review Process
Applications are accepted at any time. Students are strongly advised to submit their ACM application as soon as
possible but no later than six weeks prior to their institution’s deadline or the start of classes, whichever is
earlier.
Students must complete and mail the application and required supporting documents to the State Council of
Higher Education for Virginia (SCHEV) at the mailing address at the bottom of page 4 of the application
(please do not include staples or paperclips). Emailed or faxed application materials are not accepted.
Once the application packet is received, the initial review process can take four (4) to six (6) weeks
depending on the number of applications awaiting review.
Applications are reviewed in the order they are received and incomplete or illegible applications will be delayed.
If additional information is needed, an email will be sent to the email addresses provided on the application.
If approved, SCHEV will issue a certification letter for ACM participation to both the student and institution, then
the institution will either grant the student an out-of-state tuition waiver or apply the in-state rate.
Important Notes:
o SCHEV is unable to accommodate requests to expedite applications.
o SCHEV does not confirm receipt of applications unless contacted.
o Waivers and in-state rates are not retroactive, except at the discretion of the institution.
o Certification is a one-time procedure provided that the institutional requirements and the student’s major
and residency remain unchanged.
Application Deadlines
SCHEV does not impose ACM deadlines nor do we recognize deadlines set by institutions. Students should contact their
institution’s ACM Coordinator to inquire about set deadlines for designation of the in-state rate/ACM participant. Contact
information can be found at www.sreb.org/academic-common-market.
Disclaimer: As the coordinating agency for the Commonwealth of Virginia’s ACM participation, the State Council of Higher Education for
Virginia (SCHEV) reserves the right – at its discretion and at any time – to remove academic programs offered by Virginia institutions
from the ACM and/or remove access to academic programs at out-of-state institutions offered to Virginians through the ACM. When an
application is made to an out-of-state institution, Virginia domiciliary residents interested in applying for the ACM should review the
online program inventory in order to determine the program’s status (active or inactive). Students beginning studies at one institution or
in one program with the intent to transfer to a participating institution or program are not guaranteed ACM access if the institution or
program becomes ineligible during their time at the institution or in the program of origin.
Participating institutions and SCHEV do not discriminate on the basis of race, color, national origin, sex, religion, age, or disability
when making award decisions or reviewing appeals; any information requested for these items is for statistical purposes only.
Public Law 93-579, referred to as the Federal Privacy Act, requires that any federal, state, or local agency that requests an individual
to disclose his Social Security number inform the individual by which statutory or other authority the number is solicited, whether
that disclosure is mandatory or voluntary, and what uses could be made of it. SCHEV, as required by published regulations, requests
each applicant for its student aid programs to submit a Social Security number on a voluntary basis. SCHEV uses a student’s Social
Security number for unique identification purposes in the application and reporting processes.