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Yes, unlimited CPE hours per year are allowed for participant credit, which is defined as instruction in a formal class setting. A formal class is one that meets in a formal setting, and includes

(1) an instructor;

(2) a written course outline;

(3) attendance that is required and recorded; and

(4) a certificate of completion listing the number of CPE hours earned is issued to the attendee.

One hour of credit is equal to at least 50 minutes of classroom time.

College courses may be claimed and computed at the rate of 15 hours CPE for each semester hour completed. Transcripts must be obtained to support the claim for CPE hours. In-house training is acceptable, provided that it is offered in a formal setting and meets the above criteria. Informal, on-the-job training may not be claimed.