The AP exam, or Advanced Placement exam, is a standardized test administered by the College Board that allows high school students to earn college credit for specific subjects. These exams cover a variety of subjects, including Mathematics, Science, History, and Languages, and are typically taken in May each year. Students who score well on an AP exam may receive college credit or advanced placement in college courses, depending on the policies of the institution they attend. The exams are scored on a scale of 1 to 5, with a score of 3 or higher often considered passing.