BIRMINGHAM, Ala. (AP) - The board of trustees at Southeastern Bible College in Alabama has voted to suspend operations effective immediately.
The college said in a statement Thursday that a financial evaluation concluded the school didn’t have sufficient resources to meet its obligations.
President Alexander Granados says the school cannot provide a definitive timeframe for a potential reopening of the college. He says they’re making plans that will allow students to transfer to another school to complete their degrees. Al.com reports (https://bit.ly/2rzxo66) Granados became president of the college in 2014.
The college was chartered in 1935 and started with informal evening classes.
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