I regretfully announce that after a 185-year legacy, Green Mountain College will be closing.
Although the Trustees of the College have not yet set a specific closing date, we anticipate cessation of operations after the Spring 2019 semester.
The Board of Trustees has concluded it is in the best interests of our students, prospective students, faculty, and staff to notify them of this decision at this time, so they can make informed choices for their future. Our most important concern is supporting all members of the GMC family in this difficult time.
The decision to close Green Mountain College comes only after a tireless pursuit of multiple options to remain open, including the rigorous search for new partnerships and reorganization of our finances. Despite our noteworthy accomplishments related to social and environmental sustainability, we have not been able to assure the economic sustainability of the College. Financial challenges are impacting liberal arts colleges throughout the country and Green Mountain College is no exception. These financial challenges, the product of major changes in demographics and costs, are the driving factors behind our decision to close at the end of this academic year.
Throughout this process, students have and will remain our top priority. We are working closely with the New England Commission of Higher Education and we are in the process of formalizing agreements with other colleges and universities to ensure our students have the best opportunities to continue their studies and to earn their college degree. Closing plans will include options to complete comparable programs at other institutions, information about credit transfers and student records, question and answer briefings, contact information for transition advisors and counselors, as well as any changes to the academic calendar. We will be providing more details of our closing plans as they are available, and there will be regular updates as we move forward.
I personally wish to thank our dedicated faculty and staff who have exhibited great care, dedication, and compassion while supporting our students in their pursuit of a college education. I also wish to thank everyone else who has supported Green Mountain College over its 185-year history. We know that the spirit and mission of Green Mountain College will continue to live on in the lives of our graduates and broader community.
Robert W. Allen