Limestone University in South Carolina may shut down its campus after Spring 2025 because of a $30 million debt. Online classes might still continue


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Limestone University May Shut Down Campus Due to Budget Crisis

Limestone University, a private college in Gaffney, South Carolina, has announced that it may shut down its physical campus after the Spring 2025 semester. The university is struggling with serious financial problems, including a $30 million debt.

University Struggles to Stay Open

The school needs at least $6 million immediately to stay open through the summer and continue classes in the fall. Without that money, Limestone may have to end on-campus programs. The final decision will be made by the school’s Board of Trustees on April 22, 2025.

In a statement shared with the community, Limestone officials said they are doing everything they can to find a solution. They are also asking for support from donors, alumni, and local leaders to help keep the campus running.

Online Programs May Continue

While the physical campus might close, the university has said that its online programs could continue. This means students may still be able to earn degrees remotely, even if the in-person experience is no longer available.

Limestone currently offers several online programs for undergraduate and graduate students. If the campus shuts down, these programs could serve as a path forward for continuing education.

A Long History at Risk

Founded in 1845, Limestone University is one of the oldest private colleges in South Carolina. It currently serves around 1,800 students, many of whom come from small towns and rural areas.

Over the years, the university has built a strong presence in the community. Its potential closure would not only affect students and staff but also have a big impact on local businesses and families.

Students and Faculty Face Uncertainty

Students, parents, and faculty members are now waiting anxiously for the university’s final decision. Many students are wondering what will happen to their degrees, credits, and future education plans.

The university says it is working on “teach-out” agreements, which would help students transfer to other schools or continue their studies online. These plans are still being developed, but officials say student success remains their top priority.

FAQ

Limestone is facing a $30 million debt and urgently needs $6 million to stay open after Spring 2025.

The university’s Board of Trustees will make the final decision on April 22, 2025.

Yes, the university is working on plans to help students transfer or continue online if the campus closes.

Limestone plans to continue its online programs even if the campus shuts down.

The closure could hurt the local economy and disrupt the lives of many families and businesses in Gaffney.

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