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Policies vary by institution, but institutions that award credit usually require a score of 3 or higher on any given exam for credit to be granted or course prerequisites to be waived [13] (and according to The College Board website, some will award an "A" grade for a 5 score).
The scores in the table below are endorsed by the American Council on Education as recommended credit-granting scores for each of the exams. On foreign language tests, the score will determine the number of credit granted. For example, one university may grant 8 credits for a score of 50, 12 credits for a score of 62 and 18 credits for a score ...
Some colleges use AP test scores to exempt students from introductory coursework, others use them to place students in higher designated courses, and some do both. Each college's policy is different, but most require a minimum score of 3 or 4 to receive college credit. [25]
A credit score of at least 740 helps you get the best interest rates, which could save you a substantial amount of money over the life of a home equity loan. A better score can also improve your ...
Different types of loans have different minimum credit score requirements. ... for an FHA loan with a credit score of 500 to 579, with a 10 percent down payment, or with a 3.5 percent down payment ...
Type of Loan. Minimum Credit Score. Conventional. 620. Jumbo. 700. FHA. 580 (or 500 with 10 percent down) VA. 620 (VA doesn’t require a minimum credit score, but lenders do)
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