ARIZONA NEWS

Year-old university in Phoenix area shutting down

Jun 2, 2016, 12:05 PM

(Facebook Photo)...

(Facebook Photo)

(Facebook Photo)

PHOENIX — A university satellite campus which opened a year ago to much anticipation is now closing after the upcoming fall semester.

Saint Xavier, Gilbert’s first four-year university based out of Chicago, told the Chicago Tribune “escalating costs” that come with starting up a new site forced the shutdown.

The campus, which held its ribbon cutting ceremony less than a year ago, will finish up after the fall semester, victim of Illinois’ state budget crisis.

According to university spokeswoman Karla Thomas, at least 25 students attending the campus will be affected by the closure but these students will still be able to continue their studies online.

The town of Gilbert took out $37 million in bonds to construct the university and according to the Arizona Republic the school was expected to bring $282 million to the town over the first 10 years of it’s operation.

Saint Xavier may now be responsible for paying $250,000 in damages as well as at least six years of rent, as a 15-year lease agreement dictates for breaking contract.

We want to hear from you.

Have a story idea or tip? Pass it along to the KTAR News team here.

Arizona News

Multiple suspects were indicted for their roles in allegedly ambushing an off-duty Phoenix police o...

KTAR.com

Suspects indicted in connection to shooting of off-duty Phoenix officer

Two suspects were indicted for their roles in allegedly ambushing an off-duty Phoenix police officer in March, authorities said Tuesday.

23 minutes ago

File photo of a woman buying a The Pick lottery ticket from a machine. A ticket for The Pick sold i...

Kevin Stone

Arizona lottery player hits $11.9 million jackpot in The Pick drawing

An Arizona lottery player hit an $11.9 million jackpot in Monday’s The Pick drawing. The winning numbers were 2, 8, 28, 31, 32 and 41.

2 hours ago

Follow @KTAR923...

KTAR.com

Crust Simply Italian owners opening The Goose speakeasy lounge in Scottsdale

The lounge is located near Via de Ventura and Hayden Road, adjacent to Crust Simply Italian in the Scottsdale's McCormick Ranch neighborhood.

3 hours ago

Stock image of power lines. A power outage left thousands of residents in the city of Maricopa with...

KTAR.com

Thousands in city of Maricopa get electricity back after widespread power outage

The power has been restored in Maricopa after a widespread outage left much of the Arizona city without electricity Tuesday morning.

4 hours ago

Mobile mammography unit offers breast cancer screenings in Valley...

Serena O'Sullivan

Banner Health offers on-the-go breast cancer screenings with mobile mammography unit

Banner Health announced its 3D mobile mammography unit, which will screen Valley women for breast cancer, last week.

8 hours ago

Dan Reynolds of Imagine Dragons performs onstage during the Bud Light Super Bowl Music Festival at ...

David Veenstra

Imagine Dragons announces ‘Loom’ tour, Phoenix show at Talking Stick Resort Amphitheatre

Imagine Dragons is bringing the "Loom" tour to Phoenix this fall. The "Radioactive" rockers will make a stop in Phoenix on Oct. 6.

8 hours ago

Sponsored Articles

...

COLLINS COMFORT MASTERS

Here are 5 things Arizona residents need to know about their HVAC system

It's warming back up in the Valley, which means it's time to think about your air conditioning system's preparedness for summer.

...

Midwestern University

Midwestern University Clinics: transforming health care in the valley

Midwestern University, long a fixture of comprehensive health care education in the West Valley, is also a recognized leader in community health care.

...

Fiesta Bowl Foundation

The 51st annual Vrbo Fiesta Bowl Parade is excitingly upon us

The 51st annual Vrbo Fiesta Bowl Parade presented by Lerner & Rowe is upon us! The attraction honors Arizona and the history of the game.

Year-old university in Phoenix area shutting down