Microparticles of 8-hydroxyethyl methacrylate cross-linked with ethylene glycol dimethacrylate were produced by suspension polymerization. Semi-interpenetrating polymer networks were prepared by diffusion of poly(ethylene oxide) (PEO) solution into the particles. The PEO was allowed to diffuse into the dried particles and the resulting swollen particles were treated with an excess of acetone to collapse them. The ensuing networks consisted of the collapsed particles and the trapped PEO. The modified particles were allowed to settle in water, and characteristic settling times were measured as a function of swelling time. The settling times were compared to those of the unmodified particles. It was found that the settling time changes with volume fraction, particle size, degree of functionality, and amount of swelling. An increased volume fraction in both unmodified and modified particles causes a slower settling rate. The smaller particle sizes fall more slowly, and size difference plays a more significant role in hindering the settling for lower amounts of trapped PEO. As the amount of PEO increases, the settling rate decreases dramatically. Swelling also slows the settling rate, until the particles reach equilibrium. Equilibrium swelling occurs near 10 min for both unmodified and modified particles. Optical photomicroscopy verified the amount of swelling and demonstrated the process of PEO penetration.