A consortium of the most elite high schools in the nation are attempting to build a new kind of computerized high school transcript that will embody more than what they see as the “broken” traditional grades and time-spent model currently in use. The Mastery Transcript Consortium (MTC) proposes a new transcript model based on three principles: No Required Standardization of Mastery Credits: The performance areas, credit standards (rubrics, etc.) and credits are specific only to the individual crediting school, and will never be standardized across schools. No Grades: Letter grading (or numerical equivalent) will not be used. Consistent Transcript Format: Transcript