There is a chance that during the term you may realize that the schedule you planned for yourself is no longer (or never was) appropriate. You may have inadvertently registered for a course for which you did not have the needed prerequisite. You may have become ill and not been able to complete the term. Perhaps your schedule at work changed and you could no longer attend a class.
In these situations it is important to understand your options and the University deadlines and policies that frame them. You may need to drop a class or withdraw from school entirely, you may want to change your grading option for a course, or, if you did poorly during a term, you may want to repeat a course. It is also important to understand the types of petitions that you can submit when you want to have a requirement, policy or deadline waived.
If you encounter any situations like this, you should speak to your academic adviser as soon as possible.