Let's say you graduated from University of Phoenix, and half your grades were "A" and the other half were "A-". According to UoP grading guidelines, an "A" is worth 4.00 points, and an "A-" is worth 3.67 points, so your Grade Point Average would be 3.835 points. But the same policy indicates that a GPA of 3.85 is needed to qualify for Honors, which means that a GPA of 3.835 wouldn't qualify. So you could get a grade of "A" or "A-" in every course at UoP, and that would not be considered exceptional. The implication is that UoP either has very high standards for graduating with Honors, or else they give out a whole lot of "A" and "A-" grades. It would be interesting to see the actual grade distribution at UoP, or the average GPA of graduating students.