this is a tough one to answer...

It really depends on the school...every school has there own policy on this and many do not offer this option...

Not to discount it though, because I do believe it is valid and has a place in receiving college credit up to a certain point. I wish I could give you my peronal experience, but I did not pursue that avenue of credit.

I have heard good and bad experiences with going for life experience credit. The better and more thorough the presentation, the more you will receive out of it...

Hope that helps a little

__________________
Excelsior BS - General Business
Enrolled at Jacksonville State University - MBA - complete in 2010

121 credits...ALL DONE BABY!!!

54 credits transfered in from prior college
54 credits by examination
6 credits from community college
3 credits from CSU-Pueblo (Operations Management)
4 credits for Information Literacy and Business Strategy from Excelsior

CLEP:
Principles of Macroeconomics (64)
Principles of Microeconomics (61)
Principles of Marketing (66)
Principles of Management (72)
Info Systems and Comp Applications (57)
Introductory Business Law (65)
Social Sciences & History (61)
DSST:
Principles of Supervision (58)
Principles of Statistics (67)
Introduction to Computing (60)
Principles of Financial Accounting (56)
Principles of Finance (55)
Money and Banking (52)
Ethics in America (66)
Management Information Systems (58)
ECE:
Ethics: Theory and Practice (B)
Organizational Behavior (C)

GMAT: 600