diff --git a/cms/templates/settings.html b/cms/templates/settings.html
index 13ae4fa6f3..079ba25f51 100644
--- a/cms/templates/settings.html
+++ b/cms/templates/settings.html
@@ -648,12 +648,12 @@
               </div>
 
               <div class="row row-col2">
-                <label for="course-grading-graceperiod">Deadline Grace Period:</label>
+                <label for="course-grading-graceperiod">Grace Period on Deadline:</label>
 
                 <div class="field">
                   <div class="input">
-                    <input type="text" class="short" id="course-grading-graceperiod">
-                    <span class="tip tip-inline">e.g. +5 minutes</span>
+                    <input type="text" class="short" id="course-grading-graceperiod" placeholder="e.g. 10 minutes">
+                    <span class="tip tip-inline">leeway on due dates</span>
                   </div>
                 </div>
               </div>