Overview
- Anna Maria College, which announced Thursday, will cease academic operations at the end of the spring 2026 semester.
- Leaders pointed to a recent audit that raised “substantial doubt” about continuing operations, a state notice under its risk-monitoring program that questioned resources, and an accreditor warning over financial standards.
- Graduating seniors will finish and walk at the May 9 commencement, admitted students will get deposit refunds, and current students are being guided to transfer options.
- Transfer supports are taking shape, with Regis College set to hold Anna Maria’s academic records and offer pathways, and Worcester State guaranteeing transfers and housing for affected students.
- Enrollment had fallen to about 1,200 by fall 2024 and finances were thin, with an endowment near $1.5 million and debt reported above $18 million, in a pattern also seen as Hampshire College moves to close.