It means you're ok to remain in the us to complete your education (so long as you don't violate the terms of the f visa, e.g. Work without permission).
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So long as you remain a full time student in good academic standing, you will be in valid nonimmigrant status.
The above is intended only as general information, and does not constitute legal advice. You must speak with an attorney to discuss your individual case.
duration of status
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Talk to your foreign student adviser.
PROFESSOR OF IMMIGRATION LAW for over 10 years -- This blog posting is offered for informational purposes only. It does not constitute an attorney-client relationship. Also, keep in mind that this is an INTERNET BLOG. You should not rely on anything you read here to make decisions which impact on your life. Meet with an attorney, via Skype, or in person, to obtain competent personal and professional guidance.
It means that you are permitted to remain in the U.S. so long as you do not violate the terms of your visa; in this case, your student visa. You would violate the status by not attending school set forth on your I-20, or by engaging in unsanctioned employment. If you appreciate the time spent preparing this answer, kindly consider marking it BEST ANSWER or HELPFUL. Also, please be sure to read my disclaimer below. Good luck to you.
Dean P. Murray
The Murray Law Firm
560 Sylvan Avenue
Englewood Cliffs, NJ 07632
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