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Sweet Briar College to Close End of the 2014-2015 Academic Year
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According to the school's website, Sweet Briar College is slated to close at the end of the 2015.
Sweet Briar, VA - According to the school's website, Sweet Briar College is slated to close at the end of the 2015.

A statement on their website said: "This is a sad day for the entire Sweet Briar College community,” said Paul G. Rice, SBC board chair. “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.”

According to the school's website, efforts will begin immediately to help current students transfer to other colleges and universities. 

Additionally, following spring break, which ends Sunday, March 15, the College will host on-campus college fairs to help match current students with transfer opportunities, the website said.

“While the College has long been part of my life, as my wife is a 1969 graduate, my role as president has taken on more meaning than I could ever describe,” President James F. Jones Jr. said. 

“The board, some key alumnae and I have worked diligently to find a solution to the challenges Sweet Briar faces. This work led us to the unfortunate conclusion that there are two key realities that we could not change: the declining number of students choosing to attend small, rural, private liberal arts colleges and even fewer young women willing to consider a single-sex education, and the increase in the tuition discount rate that we have to extend to enroll each new class is financially unsustainable.”

Faculty and staff, students, prospective students, parents, alumnae, donors, federal, state and local officials, and other stakeholders were notified of the board's decision earlier today, according to the website.

Additionally, the school's website stated that opportunities for informational meetings and conversations will continue throughout the month and through the end of the school year. 

The College hopes to provide severance and outplacement services to faculty and staff, details of which are still being determined.
Academic records for alumnae currently held by the College will ultimately be transferred and maintained by an accredited higher education institution. Until that time, Sweet Briar's Office of the Registrar will continue to operate and provide that information.