diff --git a/lms/djangoapps/grades/tests/test_transformer.py b/lms/djangoapps/grades/tests/test_transformer.py
index 4ed2976ea6..ee939aa5af 100644
--- a/lms/djangoapps/grades/tests/test_transformer.py
+++ b/lms/djangoapps/grades/tests/test_transformer.py
@@ -7,9 +7,11 @@ import pytz
 import random
 
 import ddt
+from copy import deepcopy
 
 from student.tests.factories import UserFactory
 from xmodule.modulestore import ModuleStoreEnum
+from xmodule.modulestore.django import modulestore
 from xmodule.modulestore.tests.django_utils import SharedModuleStoreTestCase
 from xmodule.modulestore.tests.factories import check_mongo_calls
 
@@ -39,6 +41,27 @@ class GradesTransformerTestCase(CourseStructureTestCase):
         self.student = UserFactory.create(is_staff=False, username=u'test_student', password=password)
         self.client.login(username=self.student.username, password=password)
 
+    def _update_course_grading_policy(self, course, grading_policy):
+        """
+        Helper to update a course's grading policy in the modulestore.
+        """
+        course.set_grading_policy(grading_policy)
+        modulestore().update_item(course, self.user.id)
+
+    def _validate_grading_policy_hash(self, course_location, grading_policy_hash):
+        """
+        Helper to retrieve the course at the given course_location and
+        assert that its hashed grading policy (from the grades transformer)
+        is as expected.
+        """
+        block_structure = get_course_blocks(self.student, course_location, self.transformers)
+        self.assert_collected_transformer_block_fields(
+            block_structure,
+            course_location,
+            self.TRANSFORMER_CLASS_TO_TEST,
+            grading_policy_hash=grading_policy_hash,
+        )
+
     def assert_collected_xblock_fields(self, block_structure, usage_key, **expectations):
         """
         Given a block structure, a block usage key, and a list of keyword
@@ -330,6 +353,38 @@ class GradesTransformerTestCase(CourseStructureTestCase):
         block_structure = get_course_blocks(self.student, blocks[u'course'].location, self.transformers)
         self.assertIsNotNone(block_structure.get_xblock_field(blocks[u'course'].location, u'course_version'))
 
+    def test_grading_policy_collected(self):
+        # the calculated hash of the original and updated grading policies of the test course
+        original_grading_policy_hash = u'ChVp0lHGQGCevD0t4njna/C44zQ='
+        updated_grading_policy_hash = u'TsbX04qWOy1WRnC0NHy+94upPd4='
+
+        blocks = self.build_course_with_problems()
+        course_block = blocks[u'course']
+        self._validate_grading_policy_hash(
+            course_block.location,
+            original_grading_policy_hash
+        )
+
+        # make sure the hash changes when the course grading policy is edited
+        grading_policy_with_updates = course_block.grading_policy
+        original_grading_policy = deepcopy(grading_policy_with_updates)
+        for section in grading_policy_with_updates['GRADER']:
+            self.assertNotEqual(section['weight'], 0.25)
+            section['weight'] = 0.25
+
+        self._update_course_grading_policy(course_block, grading_policy_with_updates)
+        self._validate_grading_policy_hash(
+            course_block.location,
+            updated_grading_policy_hash
+        )
+
+        # reset the grading policy and ensure the hash matches the original
+        self._update_course_grading_policy(course_block, original_grading_policy)
+        self._validate_grading_policy_hash(
+            course_block.location,
+            original_grading_policy_hash
+        )
+
 
 class MultiProblemModulestoreAccessTestCase(CourseStructureTestCase, SharedModuleStoreTestCase):
     """
diff --git a/lms/djangoapps/grades/transformer.py b/lms/djangoapps/grades/transformer.py
index 481c2e700c..40442502ee 100644
--- a/lms/djangoapps/grades/transformer.py
+++ b/lms/djangoapps/grades/transformer.py
@@ -1,9 +1,12 @@
 """
 Grades Transformer
 """
+from base64 import b64encode
 from django.test.client import RequestFactory
 from functools import reduce as functools_reduce
+from hashlib import sha1
 from logging import getLogger
+import json
 
 from courseware.model_data import FieldDataCache
 from courseware.module_render import get_module_for_descriptor
@@ -64,6 +67,7 @@ class GradesTransformer(BlockStructureTransformer):
             filter_by=lambda block_key: block_key.block_type == 'sequential',
         )
         cls._collect_explicit_graded(block_structure)
+        cls._collect_grading_policy_hash(block_structure)
 
     def transform(self, block_structure, usage_context):
         """
@@ -128,6 +132,35 @@ class GradesTransformer(BlockStructureTransformer):
         if max_score is None:
             log.warning("GradesTransformer: max_score is None for {}".format(module.location))
 
+    @classmethod
+    def _collect_grading_policy_hash(cls, block_structure):
+        """
+        Collect a hash of the course's grading policy, storing it as a
+        `transformer_block_field` associated with the `GradesTransformer`.
+        """
+        def _hash_grading_policy(policy):
+            """
+            Creates a hash from the course grading policy.
+            The keys are sorted in order to make the hash
+            agnostic to the ordering of the policy coming in.
+            """
+            ordered_policy = json.dumps(
+                policy,
+                separators=(',', ':'),  # Remove spaces from separators for more compact representation
+                sort_keys=True,
+            )
+            return b64encode(sha1(ordered_policy).digest())
+
+        course_location = block_structure.root_block_usage_key
+        course_block = block_structure.get_xblock(course_location)
+        grading_policy = course_block.grading_policy
+        block_structure.set_transformer_block_field(
+            course_block.location,
+            cls,
+            "grading_policy_hash",
+            _hash_grading_policy(grading_policy)
+        )
+
     @staticmethod
     def _iter_scorable_xmodules(block_structure):
         """