The decision was made by the board of directors after a loan with the U.S. Agriculture Department was denied.
“With great sadness, the Board of Directors of St. Gregory’s University voted today to suspend operations effective at the close of the fall semester 2017,” said Fr. Don Wolf, Chairman of the Board. “Our main concern at this moment is for our students, staff, and faculty who will be profoundly impacted by this decision. The University is working with several colleges to facilitate student transfers in an attempt to minimize disruption in our students’ lives. Please keep them in your prayers.”
Officials are coming up with a plan through the Higher Learning Commission.
Once a plan is in place all students will be notified.
Teach-out agreements and transfer opportunities are underway with area universities.
Over the next few weeks, transfer fairs and job fairs will be scheduled on campus.
The campus is located about 40 miles east of Oklahoma City and has about 700 students.
Read more about this decision in the release below.