Santa Fe University of Art and Design
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Former names
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The College of Santa Fe St. Michael's College |
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| Type | For-profit |
| Established | 2009 |
| President | Laurence A. Hinz |
| Undergraduates | 950 |
| Location | Santa Fe, New Mexico, USA |
| Campus | Urban |
| Affiliations | Laureate International Universities. Historical ties to the Lasallian Brothers |
| Website | www |
Santa Fe University of Art and Design (SFUAD) is a for-profit, accredited four-year university located in Santa Fe, New Mexico. The university built from the College of Santa Fe which was a Catholic facility founded as St. Michael's College in 1859, and renamed The College of Santa Fe in 1966. After financial difficulties in 2009, the campus was purchased by the City of Santa Fe, the State of New Mexico, and Laureate Education, and reopened with a narrowed focus on the film, theater, and other arts. The school is currently secular, and as of 2017, reports having 950 students. According to the U.S. Department of Education, as of 2017 the overall graduation rate is 22%. The university is scheduled to close in May 2018.
Opened by the De La Salle Christian Brothers in 1859, the school (then known as St. Michael's College) received a charter for higher education in 1874 making it the oldest chartered college in New Mexico. In 1966, the Christian Brothers changed the name of the school to the College of Santa Fe.
In February 2009, the College of Santa Fe declared a state of financial emergency. Attempts to merge with Highlands University faltered due to funding concerns, and the school nearly closed. In September 2009, a public-private partnership that included the City of Santa Fe, the New Mexico State Governor's Office and Laureate Education (a for-profit corporation) purchased the campus, reopening the school as The College of Santa Fe, albeit under different leadership.
The name changed to Santa Fe University of Art and Design on August 30, 2010 after the school decided to narrow its focus on art and design. There is no longer an affiliation with the Lasallian Brothers or the alumni of College of Santa Fe.
On May 18, 2016 the school announced that it would be acquired by Raffles Education, a Singapore-based private company. However, the deal fell through, leaving ownership of the school with Laureate Education. Citing "significant ongoing financial challenges," the university will close after the 2017-2018 school year.
The Santa Fe University of Art and Design is housed on 60-acres. Approximately 70% of its student body lives in college-owned housing.
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Wikipedia