Students matriculating as first-time first-year students after June of 2002 must complete at least six semesters in residence and are limited to a maximum of 24 pre- and post-matriculation transfer credits (AP, IB, college credit). For students with an approved program to study off campus for one semester, the program credits are excuded from the 24-limit of transfer credits, and the semester off-campus is counted toward the residency requirement. For students approved for yearlong off campus programs, only one semester of off campus study will count toward the residency requirement, although the credits from both semesters will be accepted.

Transfer students are required to complete the following minimum number of credits at Grinnell College:

A transfer student who enters as a: Must complete at Grinnell at least:
Second-semester first-year 92 credits
First-semester second-year 78 credits
Second-semester second-year 62 credits
First-semester third-year 62 credits