what does this is not a variable credit course mean

The instructor must agree to allow a student to add the extra credit to the course. Students are only allowed to add an extra credit to a non variable credit course if the course is an intermediate or an advanced level class. Students cannot add an additional credit to a non variable elementary-level course.

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

Mar 12, 2020 · The instructor must agree to allow a student to add the extra credit to the course. Students are only allowed to add an extra credit to a non variable credit course if the course is an intermediate or an advanced level class. Students cannot add an additional credit to a non variable elementary-level course.

What is the difference between credit and non-credit courses?

up for the course, go to the Schedule and Options tab. Click on the credit amount (1 in this example), manually type in the amount you want to register for and hit Submit. Adjusting Variable Credit Courses: 1. Add the section to your schedule. 2. Click on the Schedule and Options tab. 3. Click on the credit amount

Should I choose a fixed or variable Apr credit card?

Oct 24, 2021 · Most variable interest rates are a certain number of percentage points above the index rate. The difference between the two rates is called a “margin.”. For example, if the margin is 14.49% and the index rate is 3%, your credit card APR would be 17.49%. If you have a variable interest rate, your credit card agreement will describe the ...

Are variable interest rates beneficial to credit card issuers?

Oct 26, 2021 · A variable interest rate is tied to a benchmark interest rate known as an index. When the index changes, the interest rates you pay for your loans can change, too. Having a variable interest rate can mean spending more to pay off your debt than you expected. Before you take on a new variable rate loan or credit card, make sure you understand ...

What do variable credits mean?

A course can be built in the inventory as a variable credit course (meaning it can range from 0 to xx credits hours). 2. If a course is listed as a variable credit on SSASECT, then it needs to have a particular credit assigned in the blank “credit hour” and “billing hour” boxes.

What is a variable course?

Some courses are offered for variable units that are earned according to the amount of subject matter the student completes during the length of the course. When registering for a variable unit course, students should enroll in the number of units they plan to complete.

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.Aug 24, 2015

What is the meaning of course credit?

From Wikipedia, the free encyclopedia. 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 a 5 unit course mean?

Skip to main content. A unit represents approximately three hours of work per week. Thus a 3 unit course will probably require 9 hours of work per week, a 5 unit course will require 15 hours per week, and so forth. Of course, the actual hours may vary somewhat from class to class and student to student.

How are variables used in games?

In computer programming we use variables to store information that might change and can be used later in our program. For example, in a game a variable could be the current score of the player; we would add 1 to the variable whenever the player gained a point.

What is a repeatable course?

The Registrar's Office uses the following terminology: Repeat a Course for Credit: when we state that a course can be repeated for credit, it means that a student may enroll in the course up to the "Total Completions Allowed" and for the "Total Units Allowed" as entered in Course Catalog in PeopleSoft.

What if I fail a course at Boston University?

If a course is not designated as repeatable, you may retake it once, but you will not receive credit for the course twice. Why would you do that? If you do not achieve a grade that is necessary to progress in your program, you might decide to repeat the course rather than change programs.

What happens to your GPA when you repeat a course?

Retaking a course may raise your student's GPA (grade point average). In many schools, if a student retakes a course, the most recent grade will replace the lower grade in the student's GPA. The earlier, lower grade will remain on the transcript, but will not be included in the GPA.Mar 4, 2010

What is non credit course?

Non-credit courses, which are not offered for college credit, lead to certifications and industry-recognized credentials. In many cases, continuing education units (CEUs) are awarded. Also, you can take non-credit courses to improve your job or academic skills, for GED preparation, or for your personal enrichment.May 18, 2021

What is this credit?

Credit is the ability to borrow money or access goods or services with the understanding that you'll pay later.Oct 3, 2019

What does credits mean in university UK?

As a general rule, one UK credit equates to 10 hours of work; a 10-credit course unit therefore requires 100 hours of study on average.

How long do you have to give credit card companies notice of interest rate increase?

With a fixed interest rate credit card, your credit card issuer must give you 45 days of advance notice before the increase becomes effective. 3. Once you receive the interest rate increase notification, you're allowed to opt out of the interest rate increase and pay off your balance at the old interest rate.

What are the advantages of a fixed interest rate?

The biggest advantage of a fixed interest rate is that your credit card issuer typically has to notify you before raising your rate. If you feel that rate is too high, you then have the opportunity to opt out.

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 the interest rate is too high?

If you feel that rate is too high, you then have the opportunity to opt out. 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.

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.

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.

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 ...

Why do student loans change interest rates?

Lenders may change their variable rates in response to changes in important indexes, like the prime rate. When the index that your variable interest rate is linked to changes, your lender may change your interest rate. And when that happens, your monthly payment can go up or down as a result.

How long do you have to give notice of a rate change?

With an adjustable-rate mortgage, for example, your loan servicer is required to give you notice at least seven months before the first increase in your mortgage payment .

What is variable interest rate?

A variable interest rate is tied to a benchmark interest rate known as an index. When the index changes, the interest rates you pay for your loans can change, too. Having a variable interest rate can mean spending more to pay off your debt than you expected. Before you take on a new variable rate loan or credit card, ...

Why is variable interest rate important?

A variable interest rate can cause your overall debt repayment to cost you more. That’s why it’s important to pay attention to your interest rates and do some rate comparisons before you apply.

What is the Truth in Lending Act?

The Truth in Lending Act aims to ensure that you get information about your interest rates before you close on a loan. Because of the Truth in Lending Act, lenders are required to disclose your APR and whether it’s variable or fixed when you apply for a mortgage or auto loan.

What happens if you carry a balance on a credit card?

If you do carry a balance on a card with a variable rate, you may be charged more in interest than you’d expect. When the index tied to your rate goes up, your credit card issuer can choose to apply that increase to preexisting balances.

How often do credit card rates change?

Variable-rate credit cards typically change in tandem with Federal Reserve changes to the federal funds rate, which can happen multiple times a year.

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%.

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 ...

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 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 .

What is prime rate vs. libor?

LIBOR. According to the Federal Reserve Bank of St. Louis, the prime rate is the rate posted by a majority of the top 25 U.S.-chartered commercial banks. 3  It is given only to banks' best customers and is often about 3 percentage points higher than the federal funds rate, the rate banks charge each other to lend money overnight.

When will LIBOR be replaced?

LIBOR is being phased out and rates will stop being published at the end of 2021. It will be replaced entirely in June 30, 2023.

Who is Tom Catalano?

Tom Catalano is the owner and Principal Advisor at Hilton Head Wealth Advisors, LLC. He holds the coveted CFP designation from The Certified Financial Planner Board of Standards in Washington, DC, and is a Registered Investment Adviser with the state of South Carolina. Article Reviewed on June 25, 2021.

How do you earn credits in college?

The number of credits a course is worth is based on the time you're expected to be in class. You earn credit by attending and successfully completing a course. Credits add up and can be applied toward a degree.

Can you take noncredit courses for a degree?

You might take a noncredit course, sometimes called continuing education, to gain job skills or just for fun. Noncredit courses cannot be used toward a credit degree, but (and here is where it seems muddy) many noncredit job training and skill building courses award continuing education units, industry certifications or continuing education certificates.

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 does Jenna's friend Elizabeth suggest?

Jenna's friend Elizabeth suggests that Jenna should look at scatter plot of the data. Jenna follows Elizabeth's advice and finds that one of the players is much shorter than the rest of the players and that player has a much better free-throw shooting percentage.

What does Professor Schwartz find about the relationship between time spent in a shopping mall and happiness?

She finds that for women, the more time in the mall is associated with higher levels of happiness. She finds that for men, the more time in the mall is associated with lower levels of happiness.

Do all students get extra credit?

All students are equally likely to do extra credit work . Students with higher grades are more likely than students with lower grades to do extra credit work. Professor Fofana wonders if there is an association between students' grades and whether they complete extra credit in his classes.

Does auditing affect credit?

Because audited courses don't count for credit, auditing may affect both your full-time enrollment status and financial-aid status, if you slip below the required number of credit-bearing courses.

Can you audit a course if you have no credit?

Most colleges and universities allow auditing under certain circumstances, and doing so may be a good idea as long as you're clear on the implications.

Do you need permission to audit a professor?

Most schools require that you get the professor's permission to audit, which she may or may not grant based upon seats available and other considerations. Sometimes department approval is also necessary.

Do colleges give credits for auditing?

Colleges and universities do not assign credits for auditing, but the course will show on your transcript as having been audited. If you quit attending, you may receive a "W" for withdrawal.

Prime Rate vs. Libor

Fixed vs. Variable

Calculating Daily and Monthly Interest Using The Apr

• 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%. The daily rate is used to calcu...

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Notification of Rate Increases

Checking Your Card Agreement