1. As used in this section, the following terms mean: (1) "Advanced placement examination" , any examination administered through the College Board's Advanced Placement Program (AP); (2) "Institution" , any in-state public community college, college, or university that offers postsecondary freshman-level courses; (3) "International baccalaureate examination" , any examination for assessment purposes administered through the International Baccalaureate Organization at the end of the International Baccalaureate Diploma Programme. 2. (1) Each institution shall adopt and implement a policy to grant undergraduate course credit to entering freshman students for each advanced placement examination upon which such student achieves a score of three or higher, or each international baccalaureate examination for an international baccalaureate diploma programme course upon which such student achieves a score of four or higher, for any similarly correlated course offered by the institution at the time of such student's acceptance into the institution. (2) In the policy, the institution shall: (a) Establish the institution's conditions for granting course credit; and (b) Identify the specific course credit or other academic requirements of the institution, including the number of semester credit hours or other course credit, that the institution will grant to a student who achieves required scores on advanced placement examinations or international baccalaureate examinations. 3. On request of an applicant for admission as an entering freshman, and based on information provided by the applicant, an institution shall determine and notify the applicant regarding: (1) The amount and type of any course credit that would be granted to the applicant under the policy; and (2) Any other academic requirement that the applicant would satisfy under the policy.
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