Transfer Credit Calculator Formula

Understand the math behind the transfer credit calculator. Each variable explained with a worked example.

Use the Transfer Credit Calculator

Formulas Used

Tuition Saved

money_saved = transfer_credits * cost_per_credit

Semesters Saved

semesters_saved = floor(transfer_credits / credits_per_semester)

Credits Still Needed

remaining_credits = degree_credits - transfer_credits

Variables

VariableDescriptionDefault
transfer_creditsTransfer Credits Accepted30
degree_creditsDegree Total Credits Required120
cost_per_creditNew School Cost per Credit ($)500
credits_per_semesterCredits per Semester15

How It Works

How Transfer Credits Save Time and Money

Transfer credits from a previous institution count toward your new degree.

Formula

Tuition Saved = Transfer Credits x Cost per Credit at New School

Semesters Saved = floor(Transfer Credits / Credits per Semester)

Transferring credits from community college to university is one of the most effective money-saving strategies.

Worked Example

30 transfer credits accepted at a school charging $500/credit, taking 15/semester.

transfer_credits = 30degree_credits = 120cost_per_credit = 500credits_per_semester = 15
  1. 01Tuition saved = 30 x $500 = $15,000
  2. 02Semesters saved = floor(30 / 15) = 2
  3. 03Credits remaining = 120 - 30 = 90

Ready to run the numbers?

Open Transfer Credit Calculator