Current:Home > ContactUniversity of the Arts abruptly announces June 7 closure, vows to help students transfer -Core Financial Strategies
University of the Arts abruptly announces June 7 closure, vows to help students transfer
View
Date:2025-04-18 15:10:16
PHILADELPHIA (AP) — The University of the Arts, an institution with roots more than a century and a half old in Philadelphia, has abruptly announced it will close in a week, citing declining enrollment and revenues as well as increasing expenses.
University president Kerry Walk and the chair of the board of trustees, Judson Aaron, announced the June 7 closure in a notice posted Friday night on the university’s website, calling it “heartbreaking” and “deeply painful.” Separate town halls are planned Monday with students, faculty and staff, they said.
Officials at the university — which has offered programs in design, fine arts, media arts, music, dance and theater — said summer courses will be canceled and a new class will not be enrolled in the fall. They vowed to help continuing students transfer to other institutions such as Temple and Drexel universities and the Moore College of Art and Design.
Officials said University of the Arts had been in a “fragile financial state” like many institutions of higher learning following “many years of declining enrollments, declining revenues, and increasing expenses,” but had made progress on improving its position.
“Unfortunately, however, we could not overcome the ultimate challenge we faced: with a cash position that has steadily weakened, we could not cover significant, unanticipated expenses,” they said. “The situation came to light very suddenly. Despite swift action, we were unable to bridge the necessary gaps.”
Word of the closure initially came from the Middle States Commission on Higher Education, which announced the withdrawal of the school’s accreditation as of Saturday, saying it had been notified of the imminent closure Wednesday as the summer term started. School officials said that action came before they could announce the closure to the university community and they knew that “makes hearing the news of UArts’ abrupt closure even worse.”
The University of the Arts was created from two century-old institutions, the Philadelphia College of Art — established n 1876 as part of the Philadelphia Museum of Art — and the Philadelphia College of the Performing Arts, which both changed names before eventually merging in 1985 and becoming a university two years later.
The Philadelphia Inquirer reported that the university employs just under 700 faculty and staff who will ultimately be out of work. Walk told the newspaper the school opened in the fall with 1,149 students, down from 2,038 in 2013.
Earlier this year, the university’s faculty and administration reached a tentative agreement on the first contract in the school’s history after more than three years of negotiation. In January, another arts school, the Pennsylvania Academy of the Fine Arts, announced elimination of its bachelor’s and master’s of fine arts programs.
veryGood! (1339)
Related
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- “Carbon Cowboys” Chasing Emissions Offsets in the Amazon Keep Forest-Dwelling Communities in the Dark
- Women falls to death down a well shaft hidden below rotting floorboards in a South Carolina home
- Bears vs. Vikings on MNF: Justin Fields leads winning drive, Joshua Dobbs has four INTs
- Intel's stock did something it hasn't done since 2022
- Kate Spade 24-Hour Flash Deal: This $300 Backpack Is on Sale for $65 and It Comes in 4 Colors
- Woman digging for shark teeth rescued after excavation wall collapses on her, Florida police say
- Watch live: Tribute service for former first lady Rosalynn Carter continues
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- Numerous horses killed in Franktown, Colorado barn fire, 1 person hospitalized
Ranking
- $73.5M beach replenishment project starts in January at Jersey Shore
- Oakland baseball will not die! City announces expansion team in Pioneer Baseball League
- Tiffany Haddish says she will 'get some help' following DUI arrest
- Russell Westbrook gets into shouting match with fan late in Clippers loss
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- Rosalynn Carter lies in repose in Atlanta as mourners pay their respects
- South Korea delays its own spy satellite liftoff, days after North’s satellite launch
- Dolly Parton's Sister Slams Critics of Singer's Dallas Cowboys Cheerleader Outfit
Recommendation
Louvre will undergo expansion and restoration project, Macron says
Nationwide curfew declared in Sierra Leone after attack on army barracks in capital city
Taika Waititi says he directed 'Thor' because he was 'poor' with 2 kids: 'I had no interest'
Body of man reported missing Nov. 1 found in ventilation system of Michigan college building
Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
Hurry! These Extended Cyber Monday Sales Won't Last Forever: Free People, Walmart, Wayfair, & More
Your employer can help you save up for a rainy day. Not enough of them do.
Jennifer Garner Celebrates Ex Michael Vartan's Birthday With Alias Throwback