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Academic Bank of Credit

18th January, 2022

Figure 3: No Copyright Infringement Intended

 

Context:

  • The Center has all recognized institutions of higher education under the jurisdiction of the Academic Bank of Credit (ABC), regardless of accreditation or ranking.
  • The government has placed IIT, IIM, and other nationally important institutions (INIs) under the Academic Bank of Credit (ABC) framework.
  • This allows students to take up to 50% of the course from an institution other than their own.

Objective:

  • To allow students to move between educational institutions and enter and leave the program multiple times.
  • The ABC Framework is part of the National Education Policy (NEP) 2020.
  • This allows higher education institutions to maintain digital records of credits earned by students.
  • Students can choose to study at one institution for a year and then transfer to another institution the following year.
  • The framework also allows students to complete courses online and earn credits. Educational institutions have the flexibility to adopt it when they choose.
  • Registration: Higher education institutions that have obtained an "A" grade from the National Assessment and Accreditation Council (NAAC) or are on the National Institutions Rank Framework (NIRF) Top 100 list are required by law to be registered with ABC.
  • Under the UGC (Establishment and Operation of Credits Academic Banks in Higher Education) (1st Amendment) Regulations, all universities, regardless of 2021 regulations, regardless of rank, participate in the ABC Framewor This includes both central and state universities, equivalent universities, and autonomous institutions.