diff --git a/common/lib/xmodule/xmodule/combined_open_ended_module.py b/common/lib/xmodule/xmodule/combined_open_ended_module.py
index 3bfb6f90d7..5b1a57f20b 100644
--- a/common/lib/xmodule/xmodule/combined_open_ended_module.py
+++ b/common/lib/xmodule/xmodule/combined_open_ended_module.py
@@ -305,9 +305,10 @@ class CombinedOpenEndedFields(object):
         values={"min": 1, "step": "1", "max": 5}
     )
     peer_grade_finished_submissions_when_none_pending = Boolean(
-        display_name="New Peer Graders can Receive 'Fully-Graded' Submissions",
+        display_name='Allow "overgrading" of peer submissions',
         help=("Allow students to peer grade submissions that already have the requisite number of graders, "
-              "but ONLY WHEN all submissions they are eligible to grade already have enough graders."),
+              "but ONLY WHEN all submissions they are eligible to grade already have enough graders.  "
+              "This is intended for use when settings for `Required Peer Grading` > `Peer Graders per Response`"),
         default=False,
         scope=Scope.settings,
     )