Students in the Kelley School may elect to take a maximum of two courses under the Pass/Fail option per year. The procedure and deadline for declaring this option may be found in the Registrar's online Enrollment and Student Academic Information Bulletin at http://studentcentral.indiana.edu/register/register-classes/manage-schedule/ways.shtml. Deadlines for filing the pass/fail option vary by semester. It is the student’s responsibility to check the Registrar enrollment bulletin for the appropriate deadline. Special regulations affecting the Pass/Fail option for Kelley School students are as follows:

1. Kelley students must meet with a Kelley Academic advisor to submit a Pass/Fail request.
2. Only one course each semester or one course for an entire summer may be taken under the Pass/Fail option.
3. Business students may not take any business course pass/fail. This is true even if the course is not required for the student’s major or degree.
4. The pass/fail option may not be used for any courses that fulfill major requirements, even if they are non-BUS courses.
5. The pass/fail option may not be used for courses that satisfy a general education requirement (e.g. A&H, S&H, N&M, or a Field Specialization). 
6. Pass/Fail may only be used for Supplemental Hours that are not Business courses.
7. A grade of P is not counted in the grade point average; a grade of F is included. Once the Pass/Fail option has been requested, grades of P may not be changed to any other letter grade.
8. After filing a pass/fail, a student may not change his/her mind and decide to take the course for a grade.