Competency-based BS in Mechanical Engineering Technology?

[Zed]

Their current catalog page also describes the competency-based program, so this appears to be a current and valid program.

http://catalog.tamucc.edu/preview_progra...&poid=2542

Here's the interesting bit:
"Some courses will have an online pre-test that students can take to earn college credit for that course.  The test will be the equivalent of a comprehensive final exam that will test students on all competencies related to the course.  The pre-test will be proctored according to the same standard as all other tests taken in the course.  If students pass the pre-test, they will receive credit and not be required to take the course.  The fee for taking the pre-test in each course must be paid by the student and may range up to $300 per exam."