The portfolio assessment process at Thomas A. Edison State College is described in this report. Through portfolio assessment, the school helps students identify and gain credit for college-level skills and knowledge acquired through work, volunteer activities, independent reading, military or corporate training, and life experiences that may be hard to demonstrate by traditional methods. Students earn college credits by proving what they know, regardless of how they learned it. They put together a portfolio of documents, paperwork, and evidence that verifies college-level knowledge. Portfolio advisors help students review rough drafts of material, identify the best documentation, verify learning, and make relevant decisions about their portfolios. Documentation can include such things as computer programs, poems, artwork, tapes, and letters from employers. The entire assessment process may take from a month to a year, and students may begin working on the portfolios at any time during the year. If the student has a great deal of knowledge in a particular field but no documentation to prove it, it is possible to opt for an exam. A portfolio includes the course description, narrative, and evidence. A qualified faculty assessor reviews the portfolio and makes recommendations either to award or deny credit or requests additional information or testing. About 90% of all credits requested through this program are awarded. (Author/SM)