A transcript is a full list of courses and final grades that comes as an official document from a school. All post-secondary school transcripts (undergraduate, masters, and PhD, if applicable) will be required when applying for a Fulbright student grant. This also includes transcripts from those schools from which you did not receive a degree or diploma (e.g. Erasmus or other student exchange programs).
Transcripts issued directly by the university will be considered official. Paper copies of transcripts will only be accepted with an official stamp and signature from the university. Copies of transcripts certified or notarized by a third party (i.e. public notary) will NOT be accepted as official. English translations must be literal.
Transcripts accompanied by official English translations (when necessary, translated by the issuing university or official translator) should be requested from institutions early on in the application process, as it can take a number of weeks to be processed.