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The AP (Advanced Placement) is a program developed by the College Board, which offers college-level curricula and exams to high school students. Colleges and universities may grant course credit and/or permission to place out of an introductory college course to students who obtain a score of 4 or 5 (sometimes for a 3!) on a particular AP exam. It is a widely-held misconception that ONLY those students enrolled in an AP titled (trademarked) course may sit for the exam. Any student can take any AP Exam. However, only those enrolled in a trademarked class (e.g. - one in which the teacher and syllabus have been approved by the College Board) may designate the course as “AP” on their high school transcripts.