The Board of Regents of Concordia College New York posted an announcement this morning that the institution will close this fall.
A joint statement with Iona College is also posted indicating that Iona will acquire Concordia’s Bronxville campus and provide continued education for Concordia’s students through a teach-out plan, enabling most students to continue their degrees to completion at Iona.
In the joint statement Iona says that it plans to "...utilize the Concordia campus to develop a leading school of health sciences, furthering Iona’s strategic investments in the field, and continuing Concordia’s legacy of excellence in health sciences education."
Concordia College New York traces its founding to 1881 when classes started in St. Matthew's Lutheran Church New York City. The institution's first location was in Hawthorne, NY before land was purchased for present site in Bronxville, NY. Concordia is affiliated with the Lutheran Church-Missouri Synod.
If you are interested in recent trends for closures, mergers, and acquisitions access College Closures since 2009 in the index at the right of any College History Garden page. There are separate tabs for non-profit closures, for-profit closures, and one for mergers and acquisitions. Each tab includes basic information for the institutions, i.e., Carnegie Classification, sector, accrediting agency, and the IPEDS unitid.
"Concordia College to close and Iona College to acquire Bronxville campus" by Ryan Santistevan for the Rockland/Westchester Journal News on January 28, 2021.
ReplyDelete"Concordia College New York announces plan to cease operations, sell campus," by Cheryl Magness for the Reporter, official newspaper of The Lutheran Church-Missouri Synod on January 29, 2021.
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