When a college or university closes, the consequences extend beyond the institution itself, affecting students, employees, and the communities they serve. On October 26th 2026, the Board approved the adoption of Guidance for Higher Education Institutions Planning to Close, a comprehensive and easy-to-navigate document that compiles information and guidance regarding the processes that institutions must adhere to when they decide to close. This document focuses on existing policy only and is designed to serve as a streamlined resource as institutions navigate the closure process.
The Board is planning to develop an additional resource that provides guidance regarding the more complex process of institutional mergers and acquisitions.
Access the Guidance for Higher Education Institutions Planning to Close.