The Facts on Transferring to Another College
A report from the U.S. Government Accountability Office found that 35% of undergraduate students transferred to a new school from 2004 to 2009. The report also revealed that students face obstacles in obtaining information about transferring.
Students did not have access to adequate advising information when they were transferring. This has financial implications for students who lose academic credit and must retake classes, the report stated. Of the transfers, 62% were between public colleges and universities.
“Students can face challenges transferring credits between schools that do not have statewide policies or articulation agreements, which are transfer agreements or partnerships between schools designating how credits earned at one school will transfer to another,” the report stated.
Here’s a breakdown of what the report found and what you can do if you need to transfer:
Students who transferred from 2004 to 2009 lost an estimated 43% of their credits. If a student is interested in transferring, they should ask admissions officers about credit transfer policies and determine how much of their earned credit will transfer
Transferring can have a different impact on affordability. Although students can save on tuition costs by transferring to a less expensive campus, there might be additional costs to repeat classes. This is why it’s important to know which credits will transfer. Students also should calculate the cost of repeating classes.
Transferring can impact financial aid. Students who lose credits can use financial aid to pay for repeated courses. This increases the cost to the federal government. Students who exhaust their financial aid eligibility may have to pay for the classes themselves. That can result in additional out-of-pocket costs. Students should ask financial aid advisers about the impact of transferring.
Colleges and universities are required to publish their credit transfer policies and partner schools. These policies, however, are not required to be online. If you can’t find a policy or partners on its web site, ask for a physical copy.