Credit for Prior Learning Act

The Credit for Prior Learning Act allows students to use federal financial aid to pay for assessments that evaluate their existing knowledge and skills for college credit. It specifically allocates up to $2,000 per year to cover reasonable costs like test fees for these evaluations, provided the assessments meet specific criteria regarding skills rather than just experience. The law also requires colleges to have clear, expert-reviewed standards for granting credit and mandates that institutions publicly report data on how many students receive this credit, broken down by race, income, and Pell Grant status. These changes are designed to make it easier for individuals to earn academic credit for what they already know while increasing transparency in higher education. The provisions will take effect on July 1, 2027.