Passing a CLEP® exam shows that you have a fundamental and working knowledge of a college-level subject. This becomes a part of your permanent college transcript. Therefore, you do not have to pay tuition for that class, buy textbooks, attend class, turn in assignments or take mid-terms and finals.
CLEP® exams can fit into the life of anyone pursuing a college degree, not just full-time students! Military service people, homeschool students, and working adults all use CLEP® to streamline their route to a college degree, finding that it fits into their active lives.
You have to pass those CLEP® exams, however, to take advantage of the benefits they offer. If you take a CLEP® exam and fail it, there is a waiting period, usually three or six months before you can try again. If you are a military service member, your first exam will be paid for by the military, but if you have to try again, you will have to pay for it yourself.