Transferring Graduate School Credit

[southpolesteve]

Here is a quick background and what I am trying to do:

I have been admitted to a couple top US grad programs for Fall 2010 (Masters Degrees)

I have also been admitted to a year long program in Iceland that starts in Feb 2011 (All ECTS certified credits and a scholarship)

The last 4 months of Iceland is writing a thesis

I have spoken with Iceland and they are cool with me returning to the US and performing a combined thesis with another grad program

The question is: Do you think that grad schools would be OK with doing one semester of my master's coursework abroad?

If I can transfer the Spring 2011 credits, I would really like to do this and write a combined thesis in the Fall of 2011. I am in the process of finding out from my admits, but am still waiting on some schools. Has anyone had experience transferring grad credits?