A report card is a short term report of the student's grade. A student will get a report card for a six-weeks grading period or a nine-weeks grading period. Transcripts have all the grades you have received in that school for your entire time at that school.
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chivalryTo the best of my knowledge, report cards are sent directly to the students' houses in order to inform their parents of their childrens' scoresYes. In my experience the term 'report cards' applies only to grade school and sometimes to high school students and/or their parents. College level students are mailed 'grade reports' and parents have nothin