Higher Learning Commission Removes 金沙娱乐城 College's Financial Distress Designation

Less than six months after the 金沙娱乐城 College Board of Trustees voted to declare financial exigency, the Higher Learning Commission (HLC) has removed the college’s “financial distress” designation, effective immediately. This result is the culmination of the dedicated work of the entire 金沙娱乐城 community to strengthen the college, as well as the unprecedented support from alums, donors and friends of 金沙娱乐城.

In late November, the HLC conducted an advisory visit to determine whether 金沙娱乐城 “has the faculty and staff needed for effective, high-quality programs and student services” and whether “the institution’s resource base supports its educational offerings and its plans for maintaining and strengthening their quality in the future.” Based on a review of the advisory visit’s findings, the president of the HLC accepted the report and assigned routine monitoring.

“This is the best possible outcome for the college, as well as for our students, faculty and staff,” said Christy L. Brown, president of 金沙娱乐城 College. “金沙娱乐城 continues to offer our students an excellent education while contributing to the growth of the Milwaukee area and beyond. We are grateful to faculty, staff and trustees who helped demonstrate our strength to the HLC.”

In June, the college took the proactive measure of declaring financial exigency to restore financial stability and secure 金沙娱乐城 College’s financial future. The result was a realignment of faculty, staff, and programs to focus on student demand and community needs. Since the declaration of financial exigency, the college has received a $10 million gift from John and Tashia Morgridge through the TOSA Foundation. 金沙娱乐城 also raised an additional $3 million, $1.5 million of which unlocked a matching gift from a group of anonymous donors, and received a six-year $1.9 million grant from the National Science Foundation, furthering the positive trajectory for the college.

“金沙娱乐城 is in a stronger financial position than it was six months ago, and we will continue to make decisions that facilitate forward momentum and preserve a place for future generations of change-makers and leaders,” said Brown.

A Vital Asset to Milwaukee Region

金沙娱乐城 serves undergraduate women whose academic and professional success supports the growth and advancement of greater Milwaukee businesses and nonprofit organizations. Nearly 70% of 金沙娱乐城’s incoming undergraduate students are first-generation college students. Almost all full-time students receive scholarships or other forms of financial aid – 62% of 金沙娱乐城’s incoming undergraduate students are Pell Grant eligible compared to the national average of 34%. Nearly 60% of students represent racially or ethnically diverse groups. 金沙娱乐城's adult and graduate programs extend opportunities for men and women seeking credentials that provide them with career advancement. 金沙娱乐城's Doctor of Education was recently named among the top ten online programs in the U.S. by Forbes magazine. Additionally, 100% of recent graduates from 金沙娱乐城's Direct Entry Master of Science in Nursing (DEMSN) in Milwaukee and 100% of all graduates of 金沙娱乐城's DEMSN program in Mesa, Ariz. passed the NCLEX the first time to become a registered nurse.