Am I fucked?

I have accepted an offer for a very good non-IBD internship but I failed a class this year (found out after accepting the offer).

I go to a non-target and my GPA last year (1st year) was a 4.0.

Will this be an issue with my background check?

Will they pull my offer?

 

Thanks for your reply. It will probably go down to a 3.3 but I don't go to university in the US so its a different situation (here minimum GPA when recruiting is 3.1).

I didn't lie regarding my grades last year, I got pretty good ones. I was wondering if I could just send my grades for last year (the ones that were in my Resume) for the background check.

 

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