Grace University will cease all academic operations at the end of the 2017-2018 academic year. This decision was extremely difficult, and one that was not reached without fervent prayer in seeking God’s will for Grace’s future and before exhausting all attempts to address the University’s financial challenges. We are confident that the decision was necessary at this time to ensure, to the extent possible, the successful completion of the current year and to provide sufficient time for the necessary transition planning for all those affected by the closure. The economic difficulties Grace has encountered over the past several years were due mainly to declining enrollment while initiatives to grow enrollment were unsuccessful. The financial impact of those issues reached a level whereby the amount of cash required to continue operations beyond the current year could not be reasonably attained without putting the University at significant risk.
We thank the administrators, faculty and staff who have served the University so faithfully over its history. We especially thank our current students who, despite the recent institutional challenges, have supported GU by continuing to pursue their educational goals with us. We are also grateful for the many donors whose generosity has also assisted the University over the years. While there must be necessary grieving and sadness with this decision, the Board urges all to balance that with the joy of Grace University’s 75-year legacy of developing thousands of servant leaders for the home, the church and the world. During the remainder of this year, the Board will be exploring other ways in which the legacy of GU can continue through other means.
In the days ahead, the Trustee Board remains committed to the current mission of Grace University and pledges its full support to the administration in the critically important efforts to assist students, faculty and staff through this period of transition. A teach-out plan that will allow students to complete their degrees through specific arrangements with other institutions or through normal transfer procedures is under development. More details on the plan will be forthcoming pending approvals by the Higher Learning Commission and other regulatory agencies.
While this decision has been extremely difficult for the Board and all who are connected to Grace University, we are confident that our God will walk with us and before us though the remainder of this year and beyond. The Psalmist wrote in Psalm 55:22 “Cast your burden upon the Lord and he will sustain you; He will never allow the righteous to be shaken.” In Philippians 4:6 Paul writes, “Do not be anxious about anything, but in everything by prayer and supplication with thanksgiving let your requests be made known to God.”
Grace University Board of Trustees