The Subject Examination in Analysis and Interpretation of Literature from the College Level Examination Program (CLEP), was administered to 188 English literature students, to determine the appropriate score range for granting credit for their course. Scores ranged from 32 to 75 out of a possible range of 20 to 80, the average score was 51.52. The correlation coefficient of .47 between scores and preliminary course grades was judged adequate, considering the small number of A, D, and F grades reported. Cutting scores were computed at three intervals to illustrate the relationship between the frequencies of correct vs. high or low placement. Scores of credit-by-examination candidates averaged several points higher than did those who were actually taking the course. This is not surprising, because most candidates were above average in English skills, and all were required to complete an English composition course. The minimum CLEP scores recommended for awarding credit with grades of A and B were respectively: 59/60 and 51; no credit would be awarded for a score below 51. (CP)