This is used for courses that are specific to students in a phase of their time at Villanova, not necessarily related to the number of credits they have completed. Different from classification restriction, this includes or excludes a specific group of students based on their entry term, or "cohort" with whom they identify.
Transfer students are only identifiable as such in their first semester at VU. After that, they no longer have a cohort.
This is primarily used for first-year courses, such as introductory-level core courses or Augustine and Culture Seminars.
If you are seeking a restriction for a group of students who have completed a certain number of credits, then a class restriction would be a better fit.