diff --git a/courses/serializers.py b/courses/serializers.py
index 45a1ca3e8..6ce41040f 100644
--- a/courses/serializers.py
+++ b/courses/serializers.py
@@ -718,10 +718,18 @@ def to_representation(self, instance):
                 "grade": None,
                 "certificate": None,
             }
+            verified_enrollment_course_runs_list = (
+                models.CourseRunEnrollment.objects.filter(
+                    user=user,
+                    run__course=course,
+                    enrollment_mode=EDX_ENROLLMENT_VERIFIED_MODE,
+                    change_status=None,
+                ).values_list("run__id", flat=True)
+            )
 
             grade = (
                 models.CourseRunGrade.objects.filter(
-                    user=user, course_run__course=course
+                    user=user, course_run__in=verified_enrollment_course_runs_list
                 )
                 .order_by("-grade")
                 .first()
diff --git a/courses/serializers_test.py b/courses/serializers_test.py
index 1e90ed16b..092ff920c 100644
--- a/courses/serializers_test.py
+++ b/courses/serializers_test.py
@@ -39,6 +39,7 @@
 from flexiblepricing.constants import FlexiblePriceStatus
 from flexiblepricing.factories import FlexiblePriceFactory
 from main.test_utils import assert_drf_json_equal, drf_datetime
+from openedx.constants import EDX_ENROLLMENT_VERIFIED_MODE, EDX_ENROLLMENT_AUDIT_MODE
 
 pytestmark = [pytest.mark.django_db]
 
@@ -467,7 +468,12 @@ def test_program_requirement_deletion():
     assert list(ProgramRequirement.get_tree(parent=root2)) == expected
 
 
-def test_learner_record_serializer(mock_context, program_with_empty_requirements):
+@pytest.mark.parametrize(
+    "enrollment_mode", [EDX_ENROLLMENT_VERIFIED_MODE, EDX_ENROLLMENT_AUDIT_MODE]
+)
+def test_learner_record_serializer(
+    mock_context, program_with_empty_requirements, enrollment_mode
+):
     """Verify that saving the requirements for one program doesn't affect other programs"""
 
     program = program_with_empty_requirements
@@ -482,7 +488,9 @@ def test_learner_record_serializer(mock_context, program_with_empty_requirements
         program.add_requirement(course)
         course_run = CourseRunFactory.create(course=course)
         course_run_enrollment = CourseRunEnrollmentFactory.create(
-            run=course_run, user=user
+            run=course_run,
+            user=user,
+            enrollment_mode=enrollment_mode,
         )
         course_runs.append(course_run)
 
@@ -613,6 +621,8 @@ def test_learner_record_serializer(mock_context, program_with_empty_requirements
         "reqtype": "Required Courses",
         "title": courses[0].title,
     }
+    if enrollment_mode == EDX_ENROLLMENT_AUDIT_MODE:
+        course_0_payload["grade"] = None
     assert user_info_payload == serialized_data["user"]
     assert program_requirements_payload == serialized_data["program"]["requirements"]
     assert course_0_payload == serialized_data["program"]["courses"][0]