SYLVANIA, Ohio — Lourdes University will close at the end of the current academic year, citing mounting financial pressures tied to declining enrollment, rising costs and an unsustainable funding model, according to a letter sent to students and families.
The decision was made after deliberation between the university’s Board of Trustees and the Sisters of St. Francis of Sylvania, which sponsors the institution. The board said the Sisters can no longer subsidize operations at the level required to keep the university open.
In the letter, officials said they reviewed the university’s finances, enrollment trends, academic programs and long-term viability before concluding that continuing operations beyond this academic year is financially unsustainable.
All classes and university operations will continue through the end of the academic year, including scheduled courses, academic programming and student services. The closure will not affect Lifelong Learning Programs or Franciscan Center events.
As part of the transition, Dr. Bisset has stepped down as president. The Sisters appointed Sister Dr. Nancy Linenkugel, OSF, DM, as the 13th and final president of Lourdes University. She previously served in higher education administration at Xavier University and as Congregational Minister for the Sisters of St. Francis of Sylvania.
University leaders said they are working with regulators and local universities to help ensure continuity for students. A Zoom meeting for parents is scheduled for 6 p.m. Tuesday, Feb. 17. A student Zoom meeting with the president and admissions leadership of University of Toledo to outline the transfer process is set for 1 p.m. Wednesday, Feb. 18.
Officials said additional details about degree completion, transfer options, academic records and individualized support will be shared in the coming days.
The board and the Sisters said the decision, though difficult, is intended to responsibly preserve the institution’s legacy and support students, faculty and staff through the transition.
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