What exactly is "Cum Laude"? (I know I could Google it, but why not make you explain it?
Cum Laude is Latin for "with honor." It's the lowest threshold for getting an honors conferral in college. The college/university may have English honors, but Latin honors is considered more prestigious. For example, I completed my university's honors program, and they gave a separate certificate for it and my transcript would also reflect that, but if I hadn't gotten a Latin honors distinction it would be less prestigious. The diploma only shows Latin honors and not the other honors. On the graduation day, they announce the Latin honors and not the English honors. On the school year book, they also put stars next to the names of students who graduated with Latin honors. So if you have one star next to your name, you graduated "cum laude." If you have two stars, it means you graduated "magna cum laude," which means "with great honor." If you have three stars, it means you graduated "summa cum laude," which means "with highest honor." And you also get to wear special cords on graduation day, and they also have a special ceremony for latin honors students.
Funnily though, my name has no star next to it in the year book, and I wasn't invited to the Latin honors ceremony, and I only wore the cord for the English/university honors. I had already cried over it, and got over the disappointment of not getting Latin honors
So imagine my surprise, when my diploma said "cum laude."
Oh as far as how they calculate the Latin honors, every university has different rules and criteria. For my university top 2% of class is "summa cum laude," top 5% is "magna cum laude," and top 9% is "cum laude." So for me it means that I was among the top 9% of my class.