He announced the decision Tuesday afternoon on Twitter.
Thankful. pic.twitter.com/FgmTxyFUAh— Jarrett Stidham (@Jarrett_Stidham) December 4, 2018
An Auburn spokesman confirmed that Stidham will remain with the team through the Dec. 28 bowl game.
Stidham began the year as one of the top draft-eligible quarterbacks in college football but he struggled to recapture the magic of last season, when he led Auburn to an SEC championship game appearance.
The fourth-year junior has thrown for 2,421 yards, 13 touchdowns and five interceptions this season.
ESPN NFL draft expert Mel Kiper Jr. lists Stidham as the 10th best draft-eligible quarterback.
Stidham began his career at Baylor, where he threw for 12 touchdowns and two interceptions as a true freshman in 2015. Following coach Art Briles' dismissal, Stidham left the school and transferred to Auburn.
"Jarrett has been a terrific player for us the last two years, leading us to an SEC West title and becoming one of the most prolific passers in Auburn history," Auburn coach Gus Malzahn said. "He has tremendous ability and a bright future ahead of him. I look forward to seeing Jarrett perform one more time in an Auburn uniform and can't wait to see him playing in the NFL next year and for years to come."