Academic Credit
General Information
The American Council on Education’s College Credit Recommendation Service (ACE CREDIT) has evaluated and recommended college credit for 12 of ASPPA’s courses. The American Council on Education, the major coordinating body for all the nation's higher education institutions, seeks to provide leadership and a unifying voice on key higher education issues and to influence public policy through advocacy, research, and program initiatives.
ACE CREDIT connects workplace learning with colleges and universities by helping adults gain access to academic credit at colleges and universities for formal courses and examinations taken in the workplace or other settings outside traditional higher education.
For more information, visit the ACE CREDIT website at http://www.acenet.edu/acecredit.
Credit Recommendations
Candidates may be able to receive academic credit for successful completion of most ASPPA examinations retroactively for 10 years (approval received in 2004 so it applies to exams listed below taken after 1994). Below are the specific college credit recommendations for each ASPPA examination. A total of 15 semester hours in the upper division baccalaureate degree category and 3 semester hours in the lower division baccalaureate/associate degree category have been recommended for ASPPA examinations.
These recommendations appear in the Guide to Educational Credit by Examinations published annually by ACE.
- C-1: Upper division baccalaureate degree category, 2 semester hours in Administrative and Qualification Issues of Retirement Plans.
C-2(DC): Upper division baccalaureate degree category, 1 semester hour in Administrative Issues of Defined Contribution Plans.
PA-1: Lower division baccalaureate/associate degree category, 1 semester hour in Pension Plan Terminology.
PA-2: Lower division baccalaureate/associate degree category, 1 semester hour in Pension Plan Records and Processing.
PA-3: Lower division baccalaureate/associate degree category, 1 semester hour in Pension Plan Evaluation.
DC-1: Upper division baccalaureate degree category, 1 semester hour in Defined Contribution Pension Plans.
DC-2: Upper division baccalaureate degree category, 1 semester hour in Defined Contribution Pension Plans.
DC-3: Upper division baccalaureate degree category, 1 semester hour in Defined Contribution Pension Plans.
DB: Upper division baccalaureate degree category, 2 semester hours in Defined Benefit Plan Administration.
C-3: Upper division baccalaureate degree category, 2 semester hours in Financial and Fiduciary Aspects of Qualified Plans.
C-4: Upper division baccalaureate degree category, 2 semester hours in Retirement Planning and Consulting.
A-4: Upper division baccalaureate degree category, 3 semester hours in Advanced Actuarial Methods.
The credits listed above are recommended credits. Institutions are not required to grant a student the credit recommended by ACE, nor are they limited to granting only the stated credit recommendations.
Transcripts
For the benefit of our members ASPPA participates in the American Council on Education’s (ACE) Transcript Service. The ACE Transcript Service offers a lifelong record for students who have successfully completed our courses that have been reviewed by ACE CREDIT. This service enables adult learners to present a nationally recognized transcript to the college or university of their choice for the potential award of academic credit. For more information, visit the ACE CREDIT Transcript Service website at http://www.acenet.edu/acecredit.