The term 'grade factor' refers to the influence of tests and exams on a student's overall grade. Tests and exams are two of the most common forms of assessment used in educational settings, and they are often used to measure a student's knowledge and understanding of a particular subject. The grade factor is the weight given to these assessments when calculating a student's final grade. Tests and exams are typically abbreviated as TEST (4 letters) and EXAM (4 letters) respectively.