ModernStates Update + Passed my first CLEP!

[SCYankee]

According to what I read on this forum and on the Modern States website, they reimburse you for purchasing the CLEP (after you complete their course and after you actually take the exam). However, I just went through the MS Principles of Management course and submitted for the voucher. Moder States emailed me a voucher code in one day, which I used to purchase the CLEP on College Board's website. When I applied the voucher code, it showed a charge of $0, so I never had to pay anything except the $30 sitting fee that the college charges.

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That's the first thing. Secondly, I just took the Management CLEP and passed with 70! This is my first modern CLEP. The previous three were taken with pencil and paper, and they were scored in the hundreds (420).

By the way, my printout says the score is "70" and the ACE scroe is "50". What does that mean? I did pass, right? And is there a corresponding grade score (I know the school doesn't record it, but my kids are asking me the grade. Is it just a very low "C" like it would be on any normal test?)

Thanks.