AMHERST, Mass. (WWLP) – Hampshire College may be at risk of losing its accreditation.
Hampshire College was re-accredited late last year but with its recent financial struggles, they could lose it.
The New England Commission of Higher Education has asked Hampshire College to show cause on why they should not lose their accreditation — or be placed on probation.
At the end of May, the commission will consider whether Hampshire College remains in compliance with two standards related to Organization and Governance, and institutional resources.
Hampshire College Interim President Ken Rosenthal said the college is taking important steps to operate a smaller college and to fundraise in support of its mission. One Springfield resident told 22News he sees a positive outcome in the college’s future.
“I think that Hampshire’s going to survive,” said Lorenzo Gaines. “The save Hampshire movement has made tremendous strides and gains to raise the money to stay independent. As one of the first James Baldwin scholars and a graduate of Hampshire College, I am up here to support the students and celebrate the new reenvisioned Hampshire College.”
Hampshire has announced a fundraising campaign to raise $20 million this year toward a goal of nearly $100 million over five years. The campaign will help improve student experience, re-invent its academic program and secure their business model.
The college recently laid off nine staff members this month, after announcing they were accepting a smaller freshman class this fall.