THE SANTA FE UNIVERSITY OF ART AND DESIGN WILL CLOSE AFTER THE 2017-18 SCHOOL YEAR. THE ANNOUNCEMENT WAS MADE AFTER A PROPOSAL TO SELL THE SCHOOL FELL THROUGH. THE UNIVERSITY, WHICH HAS ABOUT 650 STUDENTS, LEASES THE CAMPUS FROM THE CITY OF SANTA FE FOR 2.2 MILLION DOLLARS A YEAR.
SCHOOL OFFICIALS SAY THEY’RE MAKING ARRANGEMENTS FOR STUDENTS TO TRANSFER TO OTHER INSTITUTIONS.