In Austria, scholastic grades use a 5-point grading scale, where: * 1 ("Sehr gut" - "very good") is the best possible grade and indicates outstanding performance with minor errors. * 2 ("Gut" - "good") is the next-highest grade and is given for performance that is above-average standard but with some errors. * 3 ("Befriedigend" - "satisfactory") indicates generally sound work with a number of notable errors. * 4 ("Genügend" - "adequate") is the lowest passing grade and is given if the standard has been met but with a significant number of shortcomings. * 5 ("Nicht genügend" - "unsatisfactory") is the lowest possible grade and the only failing grade (usually earned for less than 50% of the maximum achievable credit).