Students may receive credit for certain courses by successful performance on the SAT, SAT II Subject Tests, College Board Advanced Placement Tests, International Baccalaureate Higher Level (IBH) exams, and, with permission of the Dean, examinations offered by academic departments while at Indiana University. The appropriate department of the College of Arts and Sciences reviews the placement tests in order to make recommendations about advanced standing. Students who believe that they are prepared for advanced study or that they are eligible for special credit because of superior preparation are urged to accelerate their college programs by taking the requisite exams. Students may thus graduate early, or they may use the time gained to complete additional coursework and experiences, such as license additions, to further prepare them for their professional careers. Credit will be recorded with the grade of Satisfactory (S) unless the examination clearly merits an A grade and the department requests the use of a grade other than Satisfactory. Failure to pass the examination carries no penalty. Fees for special credit and credit by examination are waived for undergraduate students enrolled in an IU degree-seeking program for at least 12 credit hours in either the fall or spring semester. Regular credit-hour rates apply for students enrolled in fewer than 12 credit hours. For policies governing credit offered for foreign language exams, please see the College of Arts and Sciences Bulletin.