Contact the Office of Student Financial Aid to discuss the implications of a leave of absence, withdrawal or dismissal before it occurs. When I get a bad grade in school : 1.Check with my friends if I am the only one who has got less marks . 2. Loans can offer you and your family a way to pay for college while spreading the cost out over an extended repayment period. Write estimated amount here: ______. Ivy Tech Community College uses a grading system consisting of letter grades A, B, C, D, and F. Plus and minus grades are not used. We offer tons of financial aid options to help offset the cost of your education. From grants and scholarships to work-study programs to loans, we can help you.