Does USNA have equivalents ...

[Whistle Pig]

... to the traditional Latin honors -- cum laude, magna cum laude, summa cum laude -- to recognize various and specific levels of pre-determined academic achievement for graduating Mids?

 

[NorthernCalMother]

I believe there are just two: "with honor" and "with merit".

 

[usnabgo08]

By definition...

"With Distinction" - top 10% of class.
"With Merit" - those not in the top 10% of the class who achieve at least 75% of the maximum aggregate (points) through the Order of Merit system.