(From the Texas Higher Education Coordinating Board): 
Higher education partners launch Texas Affordable Baccalaureate Degree
Three higher education partners have launched an innovative Texas Affordable Baccalaureate Program, creating the state’s first competency-based bachelor-level degree from a public institution. This unique, low-cost degree will give Texas students the opportunity to acquire a high-quality bachelor of applied science degree with an emphasis in organizational leadership. This degree is designed to provide the skills employers have identified as necessary for the 21st century, at the same time allowing students to accelerate time to completion and potentially save considerable money as they pursue their higher education dreams. . . . 
“This new program is a transition from colleges measuring student competencies based on time in a seat to now allowing students to demonstrate competencies they have acquired in previous employment, life experiences or personal talents,” said Shirley Reed, Ph.D., president of South Texas College. “The competency based approach to this bachelor of applied science degree will open opportunities for students who already possess the knowledge and skills to demonstrate mastery of coursework in this organizational leadership degree. It is an opportunity for students to earn an affordable bachelor’s degree with the cost as low as $750 per term, and allows students to complete as many competencies and courses as possible in that term.” READ MORE HERE