Solution 1:
If you want a student can only see his/her own entries, simply set "Approval required=Yes", and don't add the tag "##approve##" into any template.
Then, students will ONLY see their own entries and teachers can see and edit all fields, include the 'Grade' field.
Solution 2:
Set "Allow comments on entries=Yes", then, your teacher can post Grade into a student entries. only the student who enter that entry can see the posted comments.
Solution 3:
You can also set "Ratings", you can set rate permission by teacher role only.
Above settings require students to add entry first.
Solution 4:
If you don't need student to add entry at all, deliver your grades by "Grade".
Solution 5:
If you don't need student to add entry at all, but want to deliver your grade in a sort of form, set up an 'offline assignment', and upload your Word form files into each student's 'Feedback"(you can do this by a zip file quickly).
Solution 6:
If you don't need student to add entry at all, but want to deliver your grade in a sort of form, set up an 'offline assignment', and attach a "Rubric".
HTH