- Associated Press - Saturday, February 25, 2017

MOUNTAIN HOME, Ark. (AP) - Arkansas State University trustees have approved an updated collaboration agreement with its partner on the launch of its Mexico campus.

The school’s agreement with its partner, Mexico-based private business foundation ASUCQ, includes a revised payment structure that will see the university receiving revenue from the collaboration starting in 2019.

The $100 million campus in Queretaro, Mexico, will open in August.

It will be the first American residential campus in Mexico as well as the first university to award degrees recognized in both the U.S. and Mexico.

The Jonesboro Sun reports (http://bit.ly/2llA01o ) the university is projected to earn more than $140 million over a 20-year period.

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