Yes, flunks is a Scrabble word!
...and is worth 13 points in Scrabble, and 16 points in Words with Friends
flunks
Verb
1. Fail to get a passing grade
Noun
1. Failure to reach a minimum required performance
What Scrabble words can I make with the letters in flunks?
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Words that can be created with an extra letter added to flunks:
I:skinful