Accrediting Council of Independent Colleges and Schools

Education
1:38 pm
Thu January 10, 2013

Why Sawyer School lost students, federal dollars before closure

The Sawyer School was apparently bleeding federal aid prior to its abrupt closure on New Year's Day. The Federal Department of Education says the for-profit school had gone from nearly $7.5 million in federal tuition dollars for the 2011-2012 academic year down to $2 million this year.

What happened? Well, one answer is declining enrollment. Sawyer reported 796 students in Rhode Island in the fall of 2011, but only 302 students when it shut down earlier this month.

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