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The grade point average (GPA) used for most average calculations for awards that are based in whole or in part on academic performance at the University is the TGPA (Semester) or CGPA (cumulative), as appropriate. A few awards are based on PGPA (program). Scholarships based on cumulative academic performance require a minimum CGPA of 75% unless otherwise stated in the selection criteria.

Eligibility for most undergraduate awards is determined, by use of a grade point average (GPA), calculated by (1) multiplying, for each course, the credit hours by the grade earned, (2) adding together the products of that multiplication, (3) adding together the credit hours for the courses used, and (4) dividing the first sum by the second. The calculation is not rounded but is truncated to two decimal places. Only percentage grades, grades of NP, and grades of XF are used in CGPA calculations. Grades of 0%-39% and NP are all counted as 40% in the calculation; XF is counted as 0%, and grades of 40% - 100% are counted at face value.

University of Regina GPAs are defined as follows:

1. Cumulative grade point average (CGPA): The CGPA is based on all University of Regina courses taken, whether passed or failed, repeated or not.
2. Undergraduate grade point average (UGPA): The UGPA is also based on all University of Regina courses taken, but when a course has been repeated, only the grade in the most recent approved attempt is used (refer to the rules on repeating courses in §5.12 of the Undergraduate Calendar)
3. Program grade point average (PGPA): The PGPA is calculated according to UGPA rules, but is based only on the courses that are used in a particular program. A failing grade in a required course is included in the calculation until the course has been successfully repeated (refer to the rules on repeating courses in §5.12 of the Undergraduate Calendar)
4. Term grade point average (TGPA): The TGPA is calculated according to CGPA rules, and is based on all courses taken in a particular semester (Fall, Winter, or Spring/Summer); scholarships based on cumulative academic performance require a minimum CGPA of 75% unless otherwise stated in the selection criteria.