With praise.

A reference to a good examination grade or an earned degree from an educational institution.

Translation: "With great distinction."
Magna cum laude is used with reference to a university or college graduating degree, diploma, etc.: Thomas was conferred with Magna cum laude after completion of his courses at his university, which was of a higher standard than the average honors presented, the highest distinction being "summa cum laude".

With great praise or distinction.

Used especially on a diploma to designate a grade of work higher than cum laude, but lower than summa cum laude.

Translation: "With the highest praise."

Normally a reference to graduates of schools or universities.