Nearly 91 percent of students transferring within the Minnesota State Colleges and Universities system experienced no loss of credits toward their degree, according to a study released today. In presenting the study findings to the Board of Trustees, John Asmussen, the system’s internal auditor who conducted the study, said: “Credit transfer is not broken. It needs fine tuning, but it’s not broken. We are transferring credits in large numbers.” The Board of Trustees directed Asmussen to conduct the study after students and legislators raised concerns. Increasing numbers of students have been transferring within the system in recent years. In 2008, for example, 504,000 course credits were transferred within the system, up 66 percent since 1999. The auditor’s study also found that 1,533, or 9.4 percent, of the 16,309 transfer students lost an average of six credits, which may have cost them additional time and money to complete their studies. Six additional credits would cost an estimated $1,080.