I am having trouble finding out if major schools are accepting credit for this new exam… The schools I am concerned about are Rutgers, University of Maryland, UIUC, and UMich
Google “[university] AP credit” where [university] is the name of the university. Rutgers clearly states they give credit for scores of 4 or 5 on Physics 1 and 2.
University of Maryland - http://www.transfercredit.umd.edu/plc.html#ap
Rutgers (Arts and Sciences) - http://sasundergrad.rutgers.edu/academics/academic-credit/advanced-placement
UIUC - http://admissions.illinois.edu/academics/placement_AP.html
UMich - http://admissions.umich.edu/apply/freshmen-applicants/ap-ib-credit
Enjoy!