Poly(ethylene oxide) (PEO), soluble in both aqueous and organic solvents, is one of the most intriguing polymers. PEO solution properties have been extensively studied for decades; however, many of the studies have focused on specific properties, such as clustering, of PEO in aqueous solutions, and the behavior of PEO in organic solvents has not been adequately explored. The results presented here demonstrate that PEO crystallizes into a lamellar structure in ethyl alcohol after the mixture is quenched to room temperature from a temperature above the crystal melting point. Above the melting temperature, PEO completely dissolves in ethyl alcohol, and the mixture exhibits regular polymer solution thermodynamic behavior with an upper critical solution temperature (UCST) phase diagram. Remarkably, the UCST phase boundary is significantly below the melting temperature, and this indicates that the system undergoes a crystallization process before the phase separation can occur upon cooling and, therefore, possesses an unusual phase transition. The phase transition from the crystalline state to the miscible solution state is reversible upon heating or cooling and can be induced by the addition of a small amount of water. (c) 2005 Wiley Periodicals, Inc.