Bachelor of fine arts dance programs, whether housed in a conservatory or larger university setting, tend to give out letter grades like any other academic degree. But rather than exams and essays, the studio classes that make up the bulk of BFA programs are evaluating students on less tangible benchmarks like artistry, technique, and performance. How much weight are BFA programs really putting on grading—and how much do students’ grades matter during, and after, their time in college?