Grading systems have become a topic of interest at the secondary level. Even though the shift to standards-based grading is a daunting task for districts, post-secondary educational institutions are taking on grading reform at even higher educational levels. It is challenging for secondary teachers to narrow down the key elements of grading and prepare for the shift in mindset needed for a standards-based system. Research shows beneficial elements for learning after implementing a full standards-based system, but transforming a district’s grading system is a major undertaking. While there are benefits for all stakeholders involved when reforming beliefs about grading practices, many districts recognize several elements that make this implementation such a difficult shift. The review examines standards-based systems at the secondary and post-secondary levels to find key elements of a standards-based system, benefits, drawbacks, and to analyze implementation at both levels of education.