Simplify the following text for a Grade 13 native English-speaking person.
Original: After Stallone 's request that his acting and life experiences be accepted in exchange for his remaining credits , he was granted a Bachelors of Fine Arts ( BFA ) degree by the President of the University of Miami in 1999 .
Simplified: Later , Stallone asked that his acting and life experiences be accepted in exchange for his remaining credits , and the President of the University of Miami gave him a Bachelors of Fine Arts ( BFA ) degree in 1999 .