Coursera exploring offering credit for online courses November 14, 2012 2 Comments Share tweet The Daily News Staff By: The Daily News Staff Students taking online courses from universities on Coursera and seven to nine other massive open online course (MOOC) platforms may soon qualify for academic credit from those universities, for a small fee. The American Council on Education (ACE), a higher education umbrella group, in conjunction with the Bill & Melinda Gates Foundation, announced its intention to work with Coursera to determine the possibility of creating classes for credit on Tuesday. Coursera courses would make use of webcam proctoring for exams to allow for credit, according to Andrew Ng, associate professor of computer science and Coursera co-creator. “A webcam-based approach will make it easier for students anywhere to take tests for credit, without having to travel potentially unreasonable distances to an exam site,” Ng said to Forbes. The Gates Foundation has already awarded the council $895,000 in grants to coordinate the discussions. To further prepare, ACE and MOOC representatives are collaborating on a “Presidential Innovation Lab” group to oversee the project, according to an Inside Higher Ed article. “They will kick the tires. They will issue reports. They will see how this fits,” Molly Broad, president of ACE, said to Inside Higher Ed. Ng stated in the same article that a normal statement of accomplishment would cost $30 to $100, while a proctored version would run between $150 and $250. Revenue from student payments for these certifications would be divided between Coursera, the universities whose professors created the courses and ACE. ACE is also currently working on a similar project with EdX, an online course platform jointly founded by Harvard University and the Massachusetts Institute of Technology. –Ileana Najarro ACE Andrew Ng Bill and Melinda Gates Foundation Coursera edx Molly Broad 2012-11-14 The Daily News Staff November 14, 2012 2 Comments Share tweet Subscribe Click here to subscribe to our daily newsletter of top headlines.