The highest honor a master's program graduate can receive is either "with distinction" or "with high distinction," depending on the university attended. Unlike undergraduate programs that use the Latin honors system, graduate programs only award distinctions based on factors, such as performance on the final examination or thesis, or the overall grade point average. The distinction awarded appears on the graduate's transcripts and diploma.
Undergraduate students, on the other hand, can receive the honors of cum laude, magna cum laude or summa cum laude, from lowest to highest distinction. Undergraduates may receive different colors of cords to wear at the graduation ceremony based on the distinction while graduates may receive medallions of either silver or gold to signify their distinctions.