I-130 doesn't cancel your F-1 status.
However, once you leave, you are likely to be refused entry back into the US because of the I-130 showing your immigrant intent. If you want to return, you need to file I-485 (if you are eligible at this time) and get Advance Parole before leaving the US, or switch to a dual-intent visa like H1B that would allow you to enter the US regardless of immigrant intent.
This section "The Physical Green Card" is for people whose green cards have already been approved and they have a problem with the card itself, like a wrong date of birth or they haven't received the card for months after being notified of their case being approved. If you have more questions about your I-130 and F-1 issue, ask in the Family Based Green Cards section.
