As most research into attrition and retention has focused on attrition during the first year of studies, we know little about the relationship between students' experience of subsequent years and their decisions to withdraw from university. This paper addresses this gap in research by examining the relationship between students' intention to withdraw from studies and their experience of university in each of the three years of Business degree studies. This empirical research indicates that the factors affecting intention to withdraw are differentiated not only by year but also by semester of study. (Contains 2 tables.)