Elsewhere online
September 03, 2015

Sweet Briar Fundraisers Hit $12-Million Goal to Save College

The nonprofit charged with raising $12 million to keep Virginia's embattled Sweet Briar College open has hit its target, reports the Associated Press. The private women's college confirmed receiving $3.64 million Wednesday from alumni group Saving Sweet Briar, exceeding by more than $100,000 the final installment due under a state-mediated agreement to prevent the college's planned closure.

Sweet Briar officials, citing "insurmountable financial challenges," announced plans in March to close the 114-year-old liberal-arts college, triggering student, faculty, and alumni protests and a lawsuit. College President Phil Stone, who took office in a management overhaul also mandated under the agreement, said continued giving will be key over the next couple of years as Sweet Briar works to rebuild enrollment, which was significantly reduced this year by the anticipated shutdown.