Setting Up Terms and Semesters

[rpsimon]

I am kind of new at setting up our Canvas terms.  Here's my question.  I work at a high school.  For those of you who work at a high school, do you have your term end date the last day of classes or on the last day of the mid-term/final exam?  My gut instinct would be to end the term when exams are over, because the exams are part of the course grade.  However, I figured I would still ask.