A grade may be of three types:
final - the student's final assessed level of achievement of the objectives of a course
temporary - is assigned to signify that all the requirements of the course have not been met
administrative grade - is assigned for administrative purposes.
Grade point average (GPA)
A grade point is the numerical value assigned to a final grade to allow calculation of a Grade Point Average. GPA is the average of all final grades obtained by a student within an academic program. Courses for which exemptions have been granted will not be used in the calculation of a GPA, but courses transferred for credit will be included.