Penn Foster courses are P/F on the ACE transcript, correct?

[jsd]

Wait, since Penn Foster is its own accredited college (albeit NA), won't the letter grade still count on their own transcripts? Anything you transfer in to other schools will only show up as P/F or CR/NCR on the new school's transcripts generally, but the grade doesn't really disappear. If a grad school wants you to submit transcripts for ALL schools attended, and you didn't do so hot at Penn Foster, they'll see it (assuming they review NA transcripts -- but you'd be surprised at how many do; every ABA approved law school for example reviews NA transcripts for their GPA reclalculation [via LSAC]).