This happens when you try prepare yourself to an exam by learning a lot very quickly
To cram for an exam
A person who reads a lot
Bookworm
You do this when you remember every detail of something
To know something by heart
You do this when you have done amazingly well in something (usually a test or a school subject)
To pass with flying colors
This happens when you should go to class, but you don't
To cut class
This happens when you fail a course and you have to leave school
To flunk out
This person is in charge of the school
Principal
This is something that you do when you give your homework to your teacher
To hand in
This is your progress written on a piece of paper (or presented digitally). It's shown periodically (bimester, semester etc).
Report card