Definitions for "Credit transfer"
The process by which students are exempted from part of a programme of study on the basis of previously acquired credit, either through undertaking formally assessed learning at the same or another institution or via accreditation of prior learning or accreditation of prior experiential learning.
The ability to count subjects completed as part of another qualification towards a new degree.
A training course result from one RTO is recognised by another RTO for credit towards a qualification.
Keywords:  nocn, ocn, versa, vice, transferring
A credit transfer involves transferring of money from one bank to another.
Transferring credit from one OCN to another member of the National Open College Network (NOCN) or vice versa. All OCN credits are transferable to other members of NOCN.