The American Heritage Dictionary suggests nine definitions for the verb “to redeem”. The first five definitions do not apply here, but the last four are all relevant (some more so than others):

5. To set free; rescue or ransom.
6. To save from a state of sinfulness and its consequences.
7. To make up for, as in “The low price of the clothes dryer redeems its lack of special features.”
8. To restore the honor, worth, or reputation of, as in “You botched the last job but can redeem yourself on this one.”

The example given for the last definition seems closest to your sentence, but the example could have been given for any of the other four definitions.

The translation will depend on the meaning that you wish to bring forward. The examples above are among the many possibilities. The last suggestion is based on your explanation that the "redemption" opportunity is given when the students fail to complete certain course requirements.


Fuad