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What happens to GPA when you transfer?

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Hello, I am a student who would like to transfer from Emory after my sophomore year. I know that GPA essentially resets at the new school that one transfers to, but I would like to know if the GPA from Emory will be considered when looking at awards and honors for graduation? Also, the GPA I send to grad schools would be my overall GPA right? Like the GPA that has accumulated at both schools in a total of 4 years? Thank you in advance for any information.

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