what does this is not a variable credit course me

What does it mean when a credit card has a variable?

If your credit card (or loan) has a variable interest rate that means your interest rate will move up and down or vary, based on another interest rate, which is referred to as the index rate. Variable interest rates are often tied to the prime rate, but might also be tied to...

Do non credit courses count toward credit?

Before starting any course, enquire from the college whether it will count towards your credit because you don’t want to be wasting your time on non credit courses. Non credit courses are often offered at community colleges and serve as a remedial or bridging course to help students to bridge the missing gap required for certain majors.

What types of credit card fees are considered variable?

Only the credit card fees that are a percentage of sales (i.e., not the monthly fixed fee) should be considered variable. Freight out. A business incurs a shipping cost only when it sells and ships out a product.

Should I choose a fixed or variable Apr credit card?

A variable interest rate gives you a chance to save money on interest when rates go down, but you can’t reject a rate increase if you feel it’s too high. Having a card with a fixed APR does not necessarily mean you will be paying a lower rate than you would on a card with a variable APR.

What is a variable course?

Offering a Variable class opens up the course to students who otherwise could not take it, due to logistical impediments. On the other hand, a Variable course requires careful and complex planning.

What is a variable credit college?

Variable credit courses are for students who are working on special projects, completing independent study with specific faculty or who are participating in cooperative education.

What does course credit mean?

A credit is the recognition for having taken a course at school or university, used as measure if enough hours have been made for graduation.

What does it mean when a course is not repeatable for credit?

If a student receives a substandard grade (“D”, “F”, or “NC”) in a non-repeatable course, he/she may repeat the course once. No approval is necessary to re-enroll for the first-time in a course in which a substandard grade was attained.

What is a variable unit course?

The course is designed to allow undergraduate and graduate students to take it for different numbers of units. For example, CS 106A is taken by graduate students for 3 units, while undergraduates must enroll in the course for 5 units.

What does a 2 unit course mean?

❖e.g. a 2-credit unit course may mean two 1-hour lecture per week per semester, ❖or one 1-hour lecture plus 3-hour practical per week per semester.

What is non credit course?

Noncredit courses are classes offered through the Continuing Education Division. They are intended for students who want to gain general knowledge, learn a new skill, upgrade existing skills, or enrich their understanding about a wide range of topics.

Does coursera count for credit?

Coursera does not grant credit, and does not represent that any institution other than the degree granting institution will recognize the credit or credential awarded by the institution; the decision to grant, accept, or transfer credit is subject to the sole and absolute discretion of an educational institution.

How many hours is 3 credits?

What is a Credit Hour?Credits to be earnedHours per week, 7-week courseHours per week, 8-week course1 credit6 hours5 hours3 credits18 hours16 hours6 credits36 hours32 hours12 credits72 hours63 hours

Can I take a college course twice?

Retaking a course is a good solution for some students in some situations. It will improve the student's GPA and, although it will not remove the lower grade from the transcript, it will demonstrate that your student is interested in and capable of improving.

How does repeating a course affect your GPA?

The first thing you need to be clear about is that retaking classes (in most cases) has a minimal effect on your GPA, because retaken classes don't replace your low grades – they average in with them. That's right: your low grade won't be dropped – the retaken class grade will be added to it and averaged.

What is the difference between repeat of course and retake of a course?

Repeat & Retake of Course(s) A student obtaining “F” grade in any course in any Trimester will have to “Repeat” the course with full payment of tuition fee for that particular course. Students desiring to improve their grade(s) may again take up course(s) which are termed as “Retake”.

What is a non credit course?

Non credit courses commonly credit students with CEUs, or Continuing Education Units. CEUs help to create an academic record for students who are taking classes, but are not pursuing degrees. CEUs are nationally recognized credentials, regulated by the IACET, or International Association for Continuing Education and Training.

How many credits are in a college class?

In terms of education, college credit is a specific unit awarded to students who pass college classes. Usually, one college class is equal to 3 credits. Some classes are worth more or less credits. When students pass enough of the required classes, they will have collected enough credits to earn a degree.

What are the different levels of degree programs?

Some are bigger projects than others. Generally speaking, there are four levels of degree programs: associate's, bachelor's, master's and doctoral. There are also for-credit programs that do not result in degrees. Examples of such programs include: training programs, continuing education programs and certification programs.

Can you transfer 12 credits to a different college?

The same idea holds true at online colleges. If you earn 12 credits, and then you take a break for a year, you'll still have your 12 credits. In many cases, you can transfer your credits to a different program, and finish your degree at a new place and time.

Is an associates degree quick and easy?

Associates- An associate's degree is not a "quick and easy" route, but it is quicker. If you're ready to hit the ground running, don't let anything stand in your way. Bachelors - Employers love to see a BA or BS on a résumé because it shows that you're versatile and dedicated.

Is a non-degree track class a credit?

Some schools list non degree track classes as "non credit" classes. In a sense, this is accurate, because these classes don't provide the credits (outlined above) that lead to a degree. On the other hand, students can earn a different kind of "credit" for this type of education. Non credit courses commonly credit students with CEUs, ...

What is a fixed-rate credit card?

A fixed-rate credit card is a card offering a fixed interest rate, meaning the APR does not fluctuate. Instead, the rate remains the same for the amount of time you carry a credit card balance or loan. By law, card issuers must lock APRs for an account’s first year, but that doesn't mean a fixed-rate card never increases rates.

What is a variable-rate credit card?

A variable-rate credit card is a card offering a variable rate which changes with the index interest rate. Variable rates are directly connected to the prime rate, which is an interest rate set by banks, and in your credit card's case, the prime rate is set by the Federal Reserve.

How do I know if my credit card has a fixed rate or variable rate?

Start by looking at your credit card’s terms and conditions. This information will clearly be stated in the card’s fine print in the interest rates and interest charges section – usually the first section on a fine print page.

How are APRs decided?

First the Federal Reserve decides on the prime rate and then your credit card issuer decides on the card's margin, which is the percentage above the prime rate that a credit card charges.

Which is better, a fixed-rate credit card or a variable-rate card?

Short answer: Neither is better than the other, but realistically, you'll probably want to get a variable- rate credit card.

Can a fixed-rate credit card increase its rates?

Yes. Despite many cardholders thinking that fixed-rate credit cards can’t change – it’s a fixed rate, after all – the rate actually can change. By law card issuers must lock APRs for an account’s first year, but then all bets are off.

How to protect yourself from a rising variable APR

You can protect yourself from a rising variable APR by obviously looking at fixed-APR credit cards - and applying for one. Generally, though, you're only going to have the same fixed APR for a year, and then you may find that the card raises its rates enough that it's only fixed in name.

How does a closed credit card affect your credit score?

Having a closed credit card could hurt your credit score by affecting your overall credit utilization, which compares your credit card balances to your available credit. If you don't opt out, the issuer applies the new interest rate to new purchases starting 14 days after the notice is sent. 1. However, if you have a variable interest rate card ...

What happens if you don't pay your credit card balance in 2021?

When you have a credit card, if you don't pay your balance in full each month, you'll pay interest on any balance you carry beyond the grace period. That interest, which is assessed in the form of a finance charge, is calculated based on the credit card’s interest rate, either variable or fixed.

Do credit cards have variable interest rates?

Most have a variable interest rate, which means the rate changes based on an economic index rate. Those with fixed interest rates, on the other hand, don't change as frequently. If they do, your credit card issuer is required to notify you in advance. When a variable-interest-rate credit card's rate changes, your issuer isn't required ...

Do credit card companies have to notify you of a rate change?

However, if you have a variable interest rate card and the index rate increases, the credit card issuer does not have to notify you before the rate change is implemented. This is because variable interest rates are assumed to change frequently over time.

Does a fixed APR mean lower interest?

Having a card with a fixed APR does not necessarily mean you will be paying a lower rate than you would on a card with a variable APR. Depending on the index rate, you could pay lower interest at some points and higher interest at others.

Can you control the interest rate on a credit card?

Keep in mind that you can't control whether you have a fixed or variable interest rate—the credit card issuer determines it. But you can control the amount of interest you pay by paying off credit card purchases during your credit card’s grace period. Tip.

Can fixed interest rate change?

A fixed interest rate, or fixed APR, doesn’t change based on an index rate, but it can change for other reasons. For example, your issuer can change a fixed interest rate on existing balances without notice when: You're more than 60 days late on your credit card payment. You had a promotional rate that ended.

How many credit cards have variable rates?

More than 90% of general purpose credit card accounts had a variable rate in 2018. By contrast, only about half of private label credit cards—those that can be used at or offer rewards for a specific retailer or other company, such as an airline—had a variable rate. 2 .

Why is variable interest rate better than index rate?

A variable interest rate, or variable annual percentage rate (APR), might be better for the consumer when the index rate falls because the new variable rate could be lower than the rate charged on a fixed rate card. On the other hand, having a variable interest rate may not work in your favor when the index rate rises because your interest rate ...

What is the daily APR on a credit card?

The APR on your credit card is the interest rate applied to your outstanding balances over the course of a year, but your credit card lender will use that rate to calculate daily and monthly rates. The daily rate is generally the APR divided by 365, so for a card with an APR of 23.3%, the daily rate would be 0.0638%.

How long do you have to give credit card companies notice before you can increase your interest rate?

A credit card issuer must give you 45 days notice before increasing your interest rate on new purchases. The company may not increase your rate on new purchases within the first year after your account is opened.

How Do Variable Interest Rates Work?

A variable rate is tied to a specific index or base rate. When that base rate goes up or down, so does the variable rate on your loan.

What Are Interest Rate Caps?

An interest rate cap limits how high a variable interest rate can actually go. While caps can be used in all types of lending agreements, they’re most popular on adjustable-rate mortgages.

Variable Rate vs. Fixed Rate

Variable rates are contrasted with fixed rates. Fixed rates remain the same over the life of the loan or account unless you refinance or ask for a review to see if you qualify for a lower rate.

Can You Change Your Variable Rate to a Fixed Rate?

The Truth in Lending Act notes that if you have an option to convert a variable rate to a fixed rate, that option must be disclosed in your loan paperwork. Unless this is a specific option spelled out in the paperwork, you can’t usually convert easily.

Choose the Best Option for You

It’s important to know the terms of all your credit accounts, including what interest rate you have. You need to know how much you’re paying for your credit and whether that amount might fluctuate. You’ll also want to ensure you can make payments no matter what they are to avoid negatively impacting your credit.

What are some examples of variable costs?

Here are a number of examples of variable costs, all in a production setting: Direct materials. The most purely variable cost of all, these are the raw materials that go into a product. Piece rate labor. This is the amount paid to workers for every unit completed (note: direct labor is frequently not a variable cost, ...

Why are materials used as components in a product variable costs?

Thus, the materials used as the components in a product are considered variable costs, because they vary directly with the number of units of product manufactured.

What is a high proportion of variable costs?

It is useful to understand the proportion of variable costs in a business, since a high proportion means that a business can continue to function at a relatively low sales level. Conversely, a high proportion of fixed costs requires that a business maintain a high sales level in order to stay in business.

Is a salesperson's salary a fixed or variable cost?

Commissions. Salespeople are paid a commission only if they sell products or services, so this is clearly a variable cost. Credit card fees.

Is direct labor a variable cost?

This is the amount paid to workers for every unit completed (note: direct labor is frequently not a variable cost, since a minimum number of people are needed to staff the production area; this makes it a fixed cost). Production supplies.

Is a credit card fee variable?

Fees are only charged to a business if it accepts credit card purchases from customers. Only the credit card fees that are a percentage of sales (i.e., not the monthly fixed fee) should be considered variable. Freight out.

Online Courses For Credit, Programs & Degrees

Choosing A For Credit Program Or Degree

Non Credit Courses and Education

• Not everyone who takes a college class is working towards a degree. Some students earn certificates. Some students need to fulfill a professional requirement for their job. Some students just want to expand their horizons. Non credit courses have many different names. It might be called Continuing Education or Professional Development. Some schools...

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Non Degree Track Programs