The college posted an FAQ that explains it will use available funds to transfer students to other schools, pay legal obligations like debt and pensions and fund faculty and staff severance packages; it will request legal guidance on the disposition of restricted endowment.
The college posted an FAQ. It will use available funds. This is to transfer students to other schools, pay legal obligations like debt and pensions and fund faculty and staff severance packages. This is what this FAQ explains. It will request legal guidance on the disposition of restricted endowment.