With 1 crore enrolments in 3 months, Academic Bank of Credits tally hits 3 crore | India News

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NEW DELHI: One crore students joined the Academic Bank of Credits (ABC) platform in the last three months, taking the total to over three crore by the end of December, 2023. Last year, the total number of students enrolled for higher education also increased from around 3.4 crore to 4.3 crore.
According to a senior official with the University Grants Commission (UGC), the crossing of three crore accounts in the ABC platform is a significant achievement.The official said that the commission is working to include every student in the higher education system on the ABC. “This is very important for the successful implementation of the National Credit Framework (NCF), which provides more choices to the students. If a student does any course during his studies, his credits will continue to be deposited in the bank. Apart from this, he will also get the credit framework’s benefit.”
Under the NCF, students can upload their credits, transcripts and certificates to the ABC account and credits earned will continue to be stored in the academic account. Students usually faced difficulties in taking admission from one institute to another, but after the implementation of the provisions of NCF, now they will be able to easily shift to another institute. Also, with the provision of multiple entry and exit, he/ she will be able to resume his studies.
UGC is writing to all universities and colleges from time to time to nudge them to ensure every student has an account. “Students can also take courses on self-learning platform Swayam and earn credits and deposit the same in the ABC on successful completion of the assessments,” said the official.
The student will continue to get the benefit of the credits he will get in ABC during his studies and thereafter. Students will upload their credits, certificates, and transcripts. “ABC is, in a way, a virtual storehouse, which will keep records of the data of every student,” said the official.

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