What is the difference between the mid term report and the transcript for transfers?

question says it all. why do we need to submit both a transcript and mid term report if both contain official info about grades? seems redundant…

Your transcripts only post your final grades from each semester. The deadline and review period for transfer applicants are often in March/April of each spring. They want to see how you’re doing in your classes during the current semester (before official grades are posted), as of their review period. It’s to basically ensure that they’re not admitting a student who had, say, a 4.0 GPA his fall semester, but then is failing half of his classes in the spring.