National Park College in Hot Springs and the University of Arkansas at Monticello announced that they've partnered to offer a bachelor's in business administration beginning this fall.
The degree was approved this month by the Higher Learning Commission. It was approved by the Arkansas Division of Higher Education in July.
All four years of the new degree will be taught on the NPC campus. Students will complete the first two years of the degree enrolled as NPC students and the junior and senior years enrolled as UAM students, the schools said in a news release.
Students will pay NPC tuition rates for the first two years of coursework and UAM tuition rates for the junior and senior year coursework. They'll earn an earn an associate degree from NPC, and upon completion of all four years, they'll earn a bachelor’s from UAM.
UAM will offer NPC students a $3,000 per semester scholarship to offset tuition costs, making the degree one of the most affordable bachelor’s degrees in the state. Students will be required to complete 55 credit hours and maintain a 2.5 grade point average to be eligible.
"Increasing access to bachelor’s degrees is critical to the economic growth of our region and critical to the personal growth of our students," John Hogan, president of NPC, said in the release. "It remains a top priority for us and today we are celebrating an addition to that goal. We appreciate UAM for this investment in our students. The generous transfer scholarships they are offering makes this one of the most, if not the most affordable bachelor’s degree in the state."