According to the official website, 101.58 million ABC IDs have been created to date.
Academic Bank of Credits
Academic Bank of Credits: According to the University Grants Commission (UGC), over 1 billion students have enlisted for the Academic Bank of Credits. According to the official website, 101.58 million ABC IDs have been created to date.
UGC chairman Mamidala Jagadesh Kumar called it a “remarkable milestone,” stating, “We have achieved a remarkable milestone with over 1 billion student registrations in ABC, marking a significant step towards an adaptable and flexible credit system in India.”
National Education Policy (NEP) 2020 ushered in the Academic Bank of Credits. ABC is a virtual/digital warehouse that serves as a central repository for the comprehensive credit histories of individual students as they advance through their educational journey. This cutting-edge system enables students to seamlessly access their accounts and provides an abundance of options for transferring between colleges and universities.
“The University Grants Commission thanks all pupils and institutions of higher education for registering with the Academic Bank of Credit (ABC). We have reached a significant milestone with over one billion student registrations in ABC, signifying a significant step towards an adaptable and flexible credit system in India,” said the UGC chief.
The University Grants Commission has taken proactive steps to engage with all affiliated universities and colleges to ensure that students complete the online registration with the ABC prior to enrolling in undergraduate (UG) courses.
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