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F01 Range Masters degree or equivalency* F02 Range Masters degree and 24 additional hours** F03 Range Masters degree and 48 additional hours F04 Range Earned doctorate*** * Equivalencies to the masters have been developed in certain specialized fields (i.e., engineering, trade-technical fields, etc.) ** Masters plus 24 hours equivalent: For salary schedule placement, persons who have obtained the following level of achievement will be credited with the equivalent of a masters degree plus 24 hours: M.F.A. which includes at least sixty (60) hours from an accredited institution. *** An earned doctorate is a graduate degree at the doctoral level, conferred by an institution which is fully accredited by the regional accrediting association for the region where such institution is located.