diff --git a/src/course-home/data/__snapshots__/redux.test.js.snap b/src/course-home/data/__snapshots__/redux.test.js.snap
index ab8ac292..46e507e4 100644
--- a/src/course-home/data/__snapshots__/redux.test.js.snap
+++ b/src/course-home/data/__snapshots__/redux.test.js.snap
@@ -607,7 +607,7 @@ Object {
         "gradingPolicy": Object {
           "assignmentPolicies": Array [
             Object {
-              "averageGrade": 1,
+              "averageGrade": "1.00",
               "numDroppable": 1,
               "shortLabel": "HW",
               "type": "Homework",
diff --git a/src/course-home/data/api.js b/src/course-home/data/api.js
index 6988bc32..f2133ac2 100644
--- a/src/course-home/data/api.js
+++ b/src/course-home/data/api.js
@@ -15,7 +15,10 @@ const calculateAssignmentTypeGrades = (points, assignmentWeight, numDroppable) =
   let averageGrade = 0;
   let weightedGrade = 0;
   if (points.length) {
-    averageGrade = points.reduce((a, b) => a + b, 0) / points.length;
+    // Calculate the average grade for the assignment and round it. This rounding is not ideal and does not accurately
+    // reflect what a learner's grade would be, however, we must have parity with the current grading behavior that
+    // exists in edx-platform.
+    averageGrade = (points.reduce((a, b) => a + b, 0) / points.length).toFixed(2);
     weightedGrade = averageGrade * assignmentWeight;
   }
   return { averageGrade, weightedGrade };