F-1 students can keep using their non-expired STEM OPT till May 10, 2016. There is hope that they can get into this year’s H1B lottery which is on April 1, 2016. For more details, please check with http://www.nafsa.org/Find_Resources/Supporting_International_Students_And_Scholars/ISS_Issues/Issues/Focus_On_STEM_OPT/
The U.S. District Court has just granted the U.S. Department of Homeland Security’s motion to extend the current STEM OPT rule until May 10, 2016.
This decision is a win for F-1s using their 17-month EAD extension and their employers, because previously issued STEM OPT EADs will continue to be valid, and USCIS will continue to accept STEM OPT EAD applications, until May 10th. We are confident DHS will complete its rule making and publish a final rule to permanently reinstitute STEM EAD extensions before the May 10th deadline.