In a recent joint announcement Cabrini and Villanova University said Cabrini will graduate its final class in May 2024 due to financial challenges and decreasing enrollment. Villanova will then acquire ownership of the school's land.
that the boards of each university reached an agreement for Villanova to purchase Cabrini citing financial losses as the reason.
“Facing significant financial challenges, decreasing enrollment and an increasingly competitive higher ed environment, Cabrini’s leadership and Board of Trustees…have determined that the university will be unable to continue operating and will graduate its final class in May 2024.” In a statement from Villanova's president, it said Cabrini reached out to them and that they have been helping Cabrini transition to a close.Get Philly local news, weather forecasts, sports and entertainment stories to your inbox.
Students who are not graduating in May 2024 will be assisted in transferring to other higher ed institutions to complete their degrees during the current school year, the statement said.Villanova will also be assisting in finding faculty and staff potential new employment opportunities, including any at Villanova that are open.
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