No, a merit is not a fail.
Based on the provided reference, a merit is equivalent to a 2:1 classification and requires achieving a grade of 60-69% in a degree program. A fail, or borderline pass (Third), requires a grade of 40-49%. Therefore, a merit is a significantly higher achievement than a fail.
Here's a breakdown for clarity:
- Merit (2:1): 60-69%
- Pass (2:2): 50-59%
- Fail/Borderline Pass (Third): 40-49%
Therefore, a merit represents a good level of achievement, substantially above the failing grade.