Emerson College AP Policy / Waivers

Hello,

I will be attending Emerson college in the fall. I am trying to decide whether or not to take the AP literature test this year. I took the AP English language last year. I was wondering if this would be beneficial to me in attending Emerson. Will the AP credit get me out of any liberal arts classes in college? I know I can get a waiver for math classes but will that work for writing/english classes if I take the Lit AP. If I can’t get out of it are there any other benefits? I can’t find the AP policy anywhere.

In short, what kind of benefits will I get if I take the AP Lit test/ is it worth it?