The University of the Arts recently closed its doors, leaving many students displaced and uncertain about their academic future. In response to this unfortunate situation, the Middle States Commission on Higher Education (MSCHE) hosted a virtual meeting where students had the opportunity to ask questions to officials from federal and state education agencies.
During the webinar, topics such as financial aid and transferring to other schools were discussed. While representatives from UArts were not present, a representative from Alvarez and Marsal, the consulting firm overseeing the closure, was in attendance.
MSCHE announced the approval of six “teach-out” agreements, outlining how students can complete their programs at other institutions. The approved schools include Temple University, Drexel University, Moore College of Art & Design, Montclair State University, Point Park University, and the New School.
Concerned parents and students had the chance to inquire about financial aid plans and the reasons behind the university’s closure. However, no clear answers were given regarding the financial situation that led to the shutdown. MSCHE President Heather Perfetti emphasized that the commission was unaware of the reasoning behind the closure.
While UArts may no longer be operational, students can still obtain a digital copy of their transcript. Alvarez and Marsal are also working on a process to allow students to retrieve their belongings from university buildings.
To provide further information, Alvarez and Marsal will host another webinar on June 18th. Additionally, state Rep. Ben Waxman will be hosting a policy hearing regarding the closure of UArts at the William Way LGBT Center, and Philadelphia City Council will also be holding hearings on the matter.
Despite the challenges faced by UArts students, there are resources and support available to help them navigate this difficult time. The community is rallying together to ensure that students receive the assistance they need to continue their education successfully.