This report includes a summary of recent and ongoing research related to the transfer of credit from one institution to another and awarding credit for alternative sources of learning. The primary focus of this report is to document the institutional policies and practices associated with transfer credit evaluation and academic advising for transfer students based on a recent American Association of Collegiate Registrars and Admissions Officers (AACRAO) survey. The recommendations for policy and practice included in this report are intended to be summative, that is, based on the data gathered in all the related research not just this most recent AACRAO survey. This research has at least two goals: (1) to understand how to better assist students in transferring earned and applicable credit from one institution to another successfully; and (2) encourage institutions to employ policies and practices that recognize college credit in transfer regardless of the format of the original assessment of knowledge.