Page 18 - Black Modern Annual Report A4
P. 18

Academics




                                    Academic Common Market


                   The Academic Common Market (ACM) is a
                   tuition-savings program of 15 southern states              2023-24 ACM Enrollment
                                                                               at Alabama Institutions
                   that allows students to study uncommon
                   programs not offered in their home state at                 State           Students
                   in-state tuition rates. During the 2023-24              of Residence        Attending
                   academic year, Alabama residents attending                                Alabama IHEs
                   out-of-state institutions through the ACM saved        Georgia                  60
                   $800,717 in tuition, with an average savings of
                   $8,429 per student. The ACM included 2,047             Kentucky                 1
                   degree programs across SREB states, with 167           Louisiana                27
                   participating institutions and 2,007 students          Mississippi              19
                   approved for tuition savings. In 2023-24, 95
                   Alabama residents were certified to attend             Tennessee                31
                   out-of-state institutions, while 151 out-of-state      Other SREB States        13
                   students were certified to attend Alabama               Total Count            151
                   institutions.


                            2023-24 Top 10 Degree Programs Attracting Out-of-State Students
                          1. Biomedical Sciences, BS           6. Physician Assistant Studies, BS
                          2. Cancer Biology, BS                7. Biomedical Engineering, BS

                          3. Immunology, BS                    8. Prosthetics and Orthotics, BS
                          4. Genetics and Genomic, BS          9. Aerospace Engineering, BS
                          5. Neuroscience, BS                  10. Genetics & Genomic Sciences, BS


                                    Doctoral Scholars Program


                 The SREB State Doctoral Scholars Program (DSP), since 1993, has supported
                 underrepresented students in earning their Ph.D.s and pursuing academic careers to
                 diversify college faculties. Scholars receive financial aid and are invited to the Annual
                 Institute on Teaching and Mentoring, the nation's largest professional development
                 conference for underrepresented doctoral scholars. The data below represents Ph.D.
                 scholars who received funding from the state and/or individual institutions.

                         SREB DSP Outcomes 1993-Present                     FY23-24 Participation

                        Alabama Scholars              230        Alabama Scholars Funded in 2023-24      18
                        Graduates                     159        Alabama Institutions with Current Scholars
                                Graduates Employed in                      Alabama State University
                                Higher Education – 95%                        Auburn University
                                                                              Tuskegee University
                                                                             University of Alabama
                                                                      University of Alabama at Birmingham
                                                                          University of South Alabama





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