The Real Value of Grades on a Transcript I always recommend that parents put grades on every class on your homeschool transcript. Either letter grades (A, B, C) or number grades (4.0, 3.5, 3.) will be equally helpful, but grades are important. I do not recommend using Pass or Fail on your transcript.Colleges award scholarships based on the GPA of your child - and the GPA is determined by the grades you provide. Without grades, you...