UGC directs universities to enroll in the Academic Bank of Credit program

New Delhi: As the Academic Bank of Credit (ABC) is an integral part of the higher education structure implemented under the National Education Policy (NEP) 2020, the University Grants Commission (UGC) provides various universities with ABC and Supervisory Development I am asking you to register with the station. Operationalization of the program at the university level.
ABC aims to be a national-level entity to be an academic bank with student academic account holders. “ABC is expected to provide a range of services, including credit evaluation, credit accumulation, credit redemption and recognition of academic awards,” the statement said.
For its effective implementation, it is imperative that all universities enroll in her ABC program either through approval by statutory authorities or amendments to existing regulations, ” the notification read.

ABC ultimately makes it easier for students to maintain and transfer credit between courses and colleges. “Furthermore, we encourage and enable all students to open an academic bank account at ABC to exchange credits towards awarding a degree, diploma or certificate.”