Closed School Updates

When a school unexpectedly closes, both current students and graduates may be left with many Cautionquestions. Virginia residents who attend postsecondary institutions certified by SCHEV are afforded certain protections according to Virginia’s laws and regulations. 

Such protections include maintaining transcripts from certain closed schools and administering the Student Tuition Guaranty Fund (STGF). The STGF is designed issue refunds of unearned tuition to students unable to complete their program of study due to school closure. The student has to be enrolled at the time of the closure to be eligible for the partial refund. In the event of the closure of a certified school, SCHEV will:

  • Coordinate the enrollment of effected students in another certified institution that offers a comparable program, at no additional charge to the students, so that students may complete their program of study; or
  • Reimburse students for the unearned portion of tuition paid to the school, if a comparable school cannot be secured to allow them to complete their program of study.

For more information about requesting transcripts from closed schools or applying for the STGF, visit our Forms for Students page.

Closed School Advisories

Argosy University - Northern Virginia

March 11, 2019
The State Council of Higher Education for Virginia (SCHEV) has been notified that Dream Center Education Holdings, the parent company of Argosy University, announced the school’s closure effective immediately. The closure affects approximately 470 students attending Argosy University – Northern Virginia in Arlington and comes days after the U.S. Department of Education (USED) terminated the school’s participation in federal student aid programs on February 27. 

Students understandably may have questions about the following topics:

INSTITUTIONAL TRANSFER

Students were invited to attend Transfer Fairs on campus Thursday, March 7 and Friday, March 8, 2019, and Dream Center Education Holdings has published a list of partner institutions on its website

Additionally, students displaced by school closures can explore their options at NextStepsEd, an online ticketing portal funded by the Lumina Foundation. SCHEV makes no endorsement of their advising, and we encourage all students to contact Virginia institutions to discuss the transferability of credits earned at Argosy University – Northern Virginia.

FEDERAL LOANS

In February, the USED announced it would cancel any federal debt students acquired to pay for the spring semester at Argosy University. USED personnel will contact eligible students and post further information at https://studentaid.ed.gov/sa/about/announcements/dream-center.

If currently enrolled students did not have the opportunity to complete their program because of Argosy’s closure, they may be eligible for a complete discharge of their federal student loans. (If Argosy students transfer to another school for the purpose of completing the program for which they took out a loan while at Argosy, they will not be eligible to receive a closed school loan discharge.) More information is available at https://studentaid.ed.gov/sa/repay-loans/forgiveness-cancellation/closed-school
 
February 28, 2019
On February 27, 2019, the U.S. Department of Education (USED) notified Argosy University that the school’s participation in the federal student aid programs was terminated effective immediately. USED took this step because Argosy does not meet certain standards, including administrative capability and financial responsibility. 

If the school closes, current Argosy students may be eligible for a 100% discharge of their federal loans if:
• The school closes while they are enrolled, and they don’t complete their academic program because of the closure, or
• The school closes within 120 days after they withdraw.

If students want to explore transfer options, they should note that it is up to the transfer institution to decide how many credits will be accepted. Students can check out the federal government's College Score Card to explore their transfer options.

Virginia College

December 14, 2018

The State Council of Higher Education for Virginia (SCHEV) has been notified that Education Corporation of America, the parent company of Virginia College, has had its accreditation suspended by the Accrediting Council for Independent Colleges and Schools (ACICS), resulting in the closure of more than 75 campuses nationwide. In the Commonwealth, this impacts approximately 300 students attending the Virginia College campus in Midlothian, which will close its doors in mid-December.
 

SCHEV has prepared an information sheet for students currently enrolled at Virginia College. Additionally, SCHEV is working with Virginia College administrators to obtain academic and financial records for current students and to ensure that former students’ records are preserved and maintained in accordance with Virginia regulatory requirements.

Regency Beauty Institute

October 3, 2016
SCHEV has been notified that Regency Beauty Institute voluntarily closed all of its Virginia locations on September 28, 2016. SCHEV is working with their accreditor, the National Accrediting Commission of Career Arts & Sciences (NACCAS), as well as the Board of Barbers and Cosmetology to find solutions for students of Regency Beauty Institute who were enrolled at the time of closure.  

Currently,  Regency is working with other accredited cosmetology schools to complete a “teach-out” plan. Students are encouraged to visit the school website (www.regency.edu) to receive updates on the options that will be available to them. Students who were eligible for federal financial aid may also visit the US Department of Education website for more information about the school's closure. Additionally, SCHEV will work with the administration of the institution to obtain academic and financial records for current students, as well as to ensure the preservation of student records for former students.

SCHEV letter to Regency Beauty students

ITT Technical Institute

September. 26, 2016
The State Council of Higher Education for Virginia has requested access from the trustees of ITT Tech to archived records prior to 2000.

September 6, 2016
SCHEV has been notified that ITT Technical Institute has voluntarily ceased offering postsecondary education and will close all of its campuses. Please read the ITT Technical Institute Closure advisory for more information.

SCHEV letter to ITT Trustees

Medtech College - Falls Church

August 10, 2016
Medtech College voluntarily closed on  August 10, 2016. If you are a student enrolled at the institution at the time of closure, please read Medtech Advisory for Students for important information regarding your options.