Definition of credit transfer

credit transfernoun

chuyển tín chỉ

/ˈkredɪt trænsfɜː(r)//ˈkredɪt trænsfɜːr/

The term "credit transfer" originated in the context of higher education in the late 1960s and early 1970s. The rise of distance learning and alternative modes of education, as well as the increasing mobility of students, made it necessary for institutions to develop policies for the acceptance and recognition of credits earned at other institutions. The concept of credit transfer, which refers to the process by which credits earned at one institution can be transferred and applied towards a degree at another institution, was officially recognized in the United States as a result of the 1972 Consumer's Bill of Rights for Higher Education. The bill, which recognized the importance of student mobility, called for the establishment of clear credit transfer policies and procedures to ensure that students would not be unfairly penalized for transferring from one institution to another. The principles of credit transfer have since been adopted by higher education institutions around the world, with the goal of providing students with greater flexibility and opportunity to complete their degrees in a timely and cost-effective manner. The process typically involves the evaluation of transferred credits based on factors such as course content, learning outcomes, and grading policies, as well as the requirements of the receiving institution's degree program. In summary, the word "credit transfer" represents a crucial aspect of modern higher education, which enables students to make informed choices about their educational path, while also promoting academic integrity, fairness, and flexibility.

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the system of allowing somebody to take completed units of study from one course to another so that they contribute to the final qualification

hệ thống cho phép ai đó lấy các đơn vị học tập đã hoàn thành từ khóa học này sang khóa học khác để họ đóng góp vào trình độ cuối cùng

Example:
  • Institutions need to develop processes for facilitating credit transfer for academically qualified students.

    Các tổ chức cần xây dựng quy trình tạo điều kiện chuyển tín chỉ cho sinh viên có trình độ học vấn.

the process of sending money from one person’s bank account to another’s

quá trình gửi tiền từ tài khoản ngân hàng của một người sang tài khoản của người khác

Example:
  • Wages are paid by direct credit transfer to your bank account each month.

    Lương sẽ được trả bằng cách chuyển khoản trực tiếp vào tài khoản ngân hàng của bạn hàng tháng.

  • The cost of credit transfers has increased.

    Chi phí chuyển đổi tín chỉ đã tăng lên.

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