INDIANAPOLIS-- The Art Institute of Indianapolis will close for good on December 28, Call 6 Investigates has learned.
The announcement comes weeks after RTV6 reported the campus was halting enrollments for new students, which has caused concern among parents, students and graduates.
Between July 2016 and May 2017, the Art Institute of Indianapolis had nearly 1,000 students enrolled, according to the Indiana Commission for Higher Education.
Call 6 Investigates reached out to Dream Center Education Holdings, the operator of the Art Institute, for an explanation on Wednesday.
The campus is located at "The Pyramids" near 86th Street and Michigan Road on the northwest side.
“After a complete and thorough examination of the three education systems in the DCEH network to ensure they are meeting the needs of today’s learners, we did not see demand growth for courses at these campuses,” said DCEH spokeswoman Anne Dean in an email to RTV6. “We made the decision to cease enrollments for a number of schools within The Art Institutes, Argosy University and South University systems. This decision was made for a number of reasons, including a shift in the demand for online programs in higher education and in student populations at the campuses, which have resulted in declining, unsustainable enrollment levels for campus-based programs in these markets.”
As Call 6 Investigates reported, many students are choosing to leave the Art Institute without a degree, however many schools will not accept transfer credits from the Art Institute.
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Dean said students currently enrolled at the Art Institute in Indianapolis have the following options:
- Completing their program of study at the campus, uninterrupted, if they are able to graduate on or before the end of December 2018 when the campus will close (students who select this option receive a 50% discount in tuition for the remainder of their studies);
- Completing their program of study at another Art Institute location (students who select this option receive a 50% discount in tuition for the remainder of their studies); or
- Completing their program of study at a non-Art Institute, Argosy University or South University partner institution (students who select this option receive a $5,000 tuition grant to aid them in the completion of their studies).
- For those students who elect not to continue their educational program, the U.S. Department of Education provides the opportunity to apply for a closed school loan discharge. For further information on closed school loan discharge, students should visit: https://studentaid.ed.gov/sa/repay-loans/forgiveness-cancellation/closed-school [studentaid.ed.gov].
According to the U.S Department of Education, students can be eligible for 100% discharge of loans if the school closes while you’re enrolled and you do not complete your program because of the closure, as well as if your school closes within 120 days after you withdraw.
Art Institute campuses across the country have already announced their closure, and others have halted enrollments.
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