Transfer GPA

I am a sophomore currently enrolled at UT Dallas and looking to transfer for Spring 2016. UTD has a grade replacement policy that allows students to retake a course to replace an old grade. I have retaken a few courses in order to improve my GPA. I expect to be at a 3.68 by the end of the fall semester. However, I know that UT doesn’t offer the grade replacement option. How will my GPA be calculated during the admissions process? Will my GPA be lower than expected due to the repeated courses?

Thanks in advance!