A state pays an annual fee for each of its residents enrolled in each professional field. These savings are accomplished by avoiding the prohibitive start-up or expansion costs associated with training facilities. States that have these professional programs and accept students from other states are able to ensure the programs' quality and cost-effectiveness by maintaining optimum enrollments. How the SREB Regional Contract Program works The plan is straightforward. Each professional program pledges to admit a specific number of qualified students from other states.
Students apply for admission and are responsible for tuition.
They pay in-state tuition. Students in programs at private institutions pay a reduced tuition rate. The contract makes it clear that this money is to be used for maintenance and operation, for improvements in the instructional program's quality and for increases in capacity. The arrangement provides the institution with top-notch students and a reasonable reimbursement for reserving a place and educating a student. States can ensure educational spots for their own residents and, in some cases, secure a commitment of service by the student to the home state.