Students who reside in the United States while on an F-1 Visa are provided a grace period that begins immediately after their course of study and any authorized practical training has been completed. The grace period is the time through which the foreign student may make preparations to leave the United States to return to their home country or to apply for a transfer to another institution, a change of status, a change of status to another non-immigrant status, or an adjustment of status.

Normal Grace Period - 60 days

For  F-1 students who have completed a course of study and any authorized practical training following the completion of his/her studies will be allowed an additional 60-day period to prepare for departure from the United States or to transfer in accordance with immigration laws. [8 C.F.R. 214.2(f)(5)(iv)]

Withdrawal from Classes - 15 day

An F-1 student authorized by the DSO to withdraw from classes will be allowed a 15-day period for departure from the United States. If the student wishes to resume his/her course of study, the school must issue a new Form I-20 and the student must pay the SEVIS Form I-901 fee.[8 C.F.R. 214.2(f)(5)(iv)]

Fail to Maintain F-1 Status - 0 day

If an F-1 student fails to maintain a full course of study without the prior approval of the DSO or otherwise fails to maintain status, he/she will not be eligible for an additional period for departure.

For more information about F-1 visas, please click on one of the following links:

Description
SEVIS
Application Requirements for an F-1 Visa
Gaining F-1 status after obtaining an F-1 visa
Changing to F-1 Status While in the United States
Eligibility Requirements for a Change of Status to F-1 Status in the United States
Maintaining valid F-1 status
F-1 Student’s Change of Name and/or Address
Transfer of School
Transfer of Major
Time limitation of F-1 Status
Extension of F-1 Status
Grace Period
F-1 Status reinstatement
Employment Opportunities That Do Not Require Explicit USCIS Approval
Employment Opportunities That Require Explicit USCIS approval
Optional Practical Training
Curricular Practical Training
Change of Status from F-1 to H-1B
Adjustment of Status from F-1 to Immigrant Status
The Spouse and/or Children of an F-1 Student
Attorney and filing fees
Frequently Asked Questions and Answers about F-1 Visas/Statuses
The Impact of I-140 Filing on F-1 Students
Special Rules for Certain Border Commuter Students