The Honors-Pass-Fail (H-P-F) grading system was introduced experimentally in the fall 1971 semester to replace the traditional A-B-C-F grading system in graduate courses in education at Herbert H. Lehman College. The purpose was to determine if H-P-F discriminated more sharply between exceptional and average student achievement than the conventional grading system; student and faculty reactions to the new grading system were also ascertained. The results of a follow-up study, which assessed the second year of the experiment, are in essential agreement with those of the prior study, which evaluated the first year of H-P-F. The general findings of the follow-up study are as follows: a) H-P-F discriminated more sharply between exceptional and average student achievement than the A-B-C-F system; b) three out of four students in graduate education courses who had been previously graded by H-P-F approved it; c) about half the teaching staff approved H-P-F (of this number more than half of the graduate instructors but less than half of the nongraduate instructors endorsed it). (Related document is SP 006 979.) (Author)