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Summative: (Summative assignments evaluate student learning after multiple lessons.  Examples of summative assignments are quizzes, tests, and projects.)

Formative: Formative assessments evaluate student comprehension, learning needs, and academic progress during a lesson.  Examples of formative assessments include (but are not limited to) MathXLs, IXLs, Khan Academy, DeltaMath, and additional online applications as well as practice graded for correctness. 
Formative assessments may be turned in late but a 10% penalty will be deducted for each day it is late. 
Classwork is also part of this category.  It consists of participation, warm-ups, reflections, and practice graded for completion.  Classwork will not be accepted late.)