About Academic Bank of Credits:
- It is a revolutionary digital platform by the Ministry of Education, Government of India.
- It is regulated by the University Grants Commission (UGC).
- It is built to support every learner’s journey by providing a digital platform for storing, managing, transferring, and redeeming academic credits earned by students from recognised educational institutions.
- Objectives: The main objective of ABC is to create a flexible, learner-friendly education system in which learning achievements can be recognised, stored, and used throughout a person's life.
- It supports the vision of the National Education Policy (NEP) 2020 and the National Credit Framework (NCrF).
- How Does Academic Bank of Credits Work?
- Students register on the ABC portal and receive a unique ABC ID or APAAR ID linked to their Aadhaar and DigiLocker account.
- Students belonging to eligible Higher Education Institutions (HEIs) can use the ABC facility.
- Academic institutions upload credit data directly to the ABC portal against each student's account.
- Students can accumulate, transfer, and redeem credits across HEIs without losing academic progress.
- Credits are valid for a maximum of 7 years or the duration prescribed by the relevant academic discipline. Once redeemed, credits cannot be reused.
- Credit redemption and certificate issuance are handled by academic institutions via the National Academic Depository (NAD) platform.
- The NAD serves as the backbone of ABC, securely storing all academic awards and records.
- Key Features of Academic Bank of Credits:
- Academic Mobility: Students can study across multiple HEIs and transfer their credits seamlessly between programmes and institutions.
- ABC provides students with a seamless, consent-based document exchange system that streamlines verification and significantly reduces processing time.
- Multiple Entry and Exit (MEE): ABC enables the MEE framework under NEP 2020.
- SWAYAM Integration: Students may avail up to 40% of credits from the SWAYAM online platform.
- National Credit Framework (NCrF): ABC is aligned with the NCrF, covering academic, vocational, and experiential learning.
