- March 3rd, 2015, 2:10 pm
#477983
Sweet Briar closing up for good on August 25, 2015.
http://www.wdbj7.com/news/local/lynchbu ... xE.twitter
http://www.wdbj7.com/news/local/lynchbu ... xE.twitter
The Sweet Briar College's Board of Directors voted Saturday to close at the end of the school year.
In a letter obtained by WDBJ7, college President James F. Jones cites a deteriorating financial condition and lack of a substantial endowment as reasons for the closure.
Sweet Briar College has operated in Amherst as a women's college since 1901.
“This is a sad day for the entire Sweet Briar College community,” Paul G. Rice, SBC board chair, said in a statement posted on the school's website. “The board closely examined the College’s financial situation and weighed it against our obligations to current and prospective students, parents, faculty and staff, alumnae, donors and friends. We voted to act now to cease academic operations responsibly, allowing us to place students at other academic institutions, to assist faculty and staff with the transition and to conduct a more orderly winding down of academic operations.”
The school says it will immediately start helping current students transfer to other college and universities. Sweet Briar College will also assist students who have been admitted to the school for fall 2015.
The final commencement ceremony will be held May 16. The college will officially close August 25 to allow students to complete summer credit hours.