Southern Catholic College Closes Mid-Semester Due to Lack of Funding
April 14, 2010
by Scholarships.com Staff
Many students are preparing for the last few weeks of finals, completing projects and cracking books open for a week of finals. Students at Southern Catholic College in Georgia, however, are packing up their bags, potentially for good. Tomorrow is the last day of the semester at the college, nearly a month ahead of schedule due to budget woes that made it impossible for the school to maintain its schedule of courses through mid-May, the traditional end of the spring semester.
The decision was announced abruptly earlier this month by Rev. Shawn Aaron, the school's president and a priest of the Legionaries of Christ, via email to faculty, staff, and the school's nearly 200 students. Students will receive full credit for the entire semester, and graduating students will receive their diplomas in an upcoming simple ceremony at the college. In the email, Father Aaron gave no indication as to whether the school would reopen at all, or whether this was a temporary budget fix. According to an article in The Catholic Review, the school would need $6 million to reopen by June.
The school was founded in 2000, but has had some financial trouble since its first years of operation. According to The Catholic Review, the school had gotten into the bad habit of spending more than it took in; in 2007, the college spent $2.5 million more than it should have, and only continued the trend in the years that followed. The formerly privately-run institution was transferred to the Legionaries of Christ in the fall of 2009, but the congregation was unable to financially support the school. In addition to overspending, the students at the school who were on full scholarships outnumbered those who paid full tuition, room and board, which runs more than $24,500 a year.
Students didn't see the early closure coming, according to the article. They went to social networking sites when they heard the news, learning mostly through hearsay why the school would be closing so suddenly. Their worries include how their grades will be calculated based on the shortened semester, and whether their credits will transfer over to other institutions if the school closes for good. According to The Catholic Review, the school's president waited so long to notify the student body because the school board was waiting to hear back about a last-minute plea to a benefactor of the college. That plea did not lead to any last-minute funding, so the decision was made to close the school when it was apparent the school was unable to pay its faculty and staff beyond April 15.