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Bulletin 2007-2008 - Austin College

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■ A final transcript of high school or college work in progress at the time ofapplication. High school transcripts must include the date of graduation andthe student’s final class rank. Home school students also should provide a finaltranscript, including a date of graduation.Recognition of Prior AchievementAdvanced Placement: <strong>Austin</strong> <strong>College</strong> will grant one course credit unit for a scoreof four or above on any of the advanced placement examinations given by the<strong>College</strong> Entrance Examination Board (CEEB). Check with the Office of the Registrarfor further information.CLEP Tests: Credit also may be granted by scoring satisfactorily on the <strong>College</strong> LevelExamination Program (CLEP) subject level tests and paying the required fees. Foradditional information, contact the Office of the Registrar.Foreign Language Placement: A student who is placed by <strong>Austin</strong> <strong>College</strong> into the202-level of a modern language or higher as the first college-level course in thatlanguage and who completes this with a satisfactory grade (S, C, or above) also willreceive one elective credit. This credit may not count toward the minor or the major.International Baccalaureate: One course credit unit will be given for each score offive or above on a Higher Level examination of the International Baccalaureateprogram. The registrar, in consultation with the department concerned, determineshow the credit is to be identified on the student’s permanent record. Credit may begiven for a score of four on a Higher Level examination at the department’s discretion.Credit is not normally given for Subsidiary Level examinations.<strong>College</strong> Costs<strong>Austin</strong> <strong>College</strong> is a private institution and receives no direct support from taxes orother public funds. The net tuition revenue represents approximately 40 percentof the operating budget of the college. The difference between such costs and theamount paid by the student is met by income from endowment, contributions byPresbyterian churches, and gifts from alumni and other friends who recognize thevalue of the educational program of <strong>Austin</strong> <strong>College</strong>.Application FeeA fee of $35 is paid with the application for admission. It is not refundable, nor isit applied against tuition charges.DepositsUndergraduates: Applicants pay a $350 matriculation deposit upon acceptanceof an offer of admission. The deposit reserves an enrollment space and a room ina residence hall. The deposit should be paid by May 1 if entering in the summeror fall term and by January 15 if entering in the spring term. Deposits are nonrefundableafter each of these dates. Deposits paid after these dates are acceptedon a space-available basis.ADMISSION AND FINANCIAL INFORMATION| 25

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