F-1 students are allowed to remain in the United States for up to 60 days after either the completion date on their I-20 form or their completion of a program of study, whichever comes first; or to transfer to another institution. Basically, after completing F-1 status at an institution, F-1 students have four options:
Contact your international advisor to verify your eligibility to stay in the U.S. after completion of studies.
Note: The 60-day grace period can also be used to file for optional practical training (OPT). An OPT application must be completed within the 60 day period.