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A credit inquiry is an examination of your credit. Lenders, landlords and potential employers have the ability to request access to your credit file, which includes your credit history.
Credit by examination, also known as credit by exam, is a way of receiving course credit without taking the course. This grade often shows as a "K" on a transcript , however it carries no credit hours, and therefore has no effect on the GPA.
Recently REA has focused on providing digital test banks through its online study center. The company has specific test-prep modules for some of America's most well known standardized tests, including the GED test, the College Board's CLEP credit-by-exam and Advanced Placement exam programs, and the ACT college admissions test.
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These tests are frequently used in conjunction with CLEP (College Level Examination Program) tests by students pursuing college degrees in non-traditional formats. Whereas CLEP tests are almost exclusively used for lower level credit at regionally accredited institutions, DSST's are available for both upper and lower level credit.
Transfer credit, credit transfer, and advanced standing are the terms used by colleges and universities for the procedure of granting credit to a student for educational experiences or courses undertaken at another institution. This is a subset of recognition of prior learning (which also includes prior work or non-institutional experience for ...
CLEP tests are primarily multiple-choice exams (though some include fill-in or ordering questions, and one College Composition exam has an essay section) which are scored on a scale from 20 to 80. The majority of schools grant credit for a score of 50 or higher, but passing scores are determined by the individual schools and may vary.
The exam administration period is typically 3 hours and the tests currently cost between $110 and $335. Each exam usually corresponds to a one or two semester introductory or secondary course on the topic, and many exams provide upper-division credit. Most ECE exams are considered equivalent to 3 credits in the semester system.