Alright it's all cleared up :) Each passing grade incorporates the characteristics of all lower passing grades plus an additional level of achievement. It's a chain.
Where a student’s assessment demonstrates evidence of key knowledge at an extended theoretical level, characterised by originality, application of learning in new domains and mastery of all course learning outcomes.
Where a student’s assessment demonstrates evidence of integration and evaluation of significant ideas, the application of knowledge in flexible combinations within the field and principles and theories in relation to course learning outcomes.
Where a student’s assessment demonstrates knowledge of important facts and ideas, awareness of their relevance, and applicability of key ideas in accepted ways within the field in relation to the course learning outcomes.
Where a student’s assessment demonstrates knowledge of fundamental concepts and essential skills sufficient to meet the course learning outcomes.
I also found out this will not have to do with my grade... :( Apparently it doesn't matter what I get GPA doesn't transfer. It just correlates to a 'pass'. I still want to do well for my own pride but now the pressure it pretty much gone. :)