In the Student's Academic Profile, the GPA that displays will always default to the year GPA. Only when you click into the formula on the Academic Profile do you have the ability to choose what you are seeing. Here you can then choose Term or Cumulative.

If you go to onRecord:
  1. Select Settings > Grading
  2. Select Calculations
  3. Edit a Grade Average
  4. Select the Types tab

In the GPA settings, you can see the types tab which displays Term, Year to Date and Cumulative GPAs. However, selecting those types only applies to the Performance > Calculations section of onRecord. This allows a school to create GPA rankings that can later be pulled onto lists, since currently GPAs calculate on the fly and cannot be pulled into lists otherwise.