Final answer:
The statement describes the Advanced Placement (AP) program, where students must pass an exam at the end of the course with a grade of 3 or higher to earn college credit. However, AP program students are not awarded college credit but are prepared for college entrance exams.
Step-by-step explanation:
The statement describes the Advanced Placement (AP) program. In the AP program, students must pass an exam at the end of the course with a grade of 3 or higher to earn college credit. While AP program students do not earn college credit, they are prepared to do well on college entrance exams.
Learn more about Advanced Placement (AP)