College of New Rochelle acquired by Masons for $32 million. The trustees of the Masonic Hall & Asylum Fund have acquired the 15.6-acre College of New Rochelle campus at an auction for $32 million — $11 million more than the opening bid.
What happened to the College of New Rochelle?
On September 20, 2019, the college declared bankruptcy due to $80 million in liabilities. The campus was subsequently sold in an auction and purchased by New York Trustees of the Masonic Hall and Asylum Fund.
Why did College of New Rochelle close?
The College of New Rochelle closed in 2019 amid severe financial problems. … A college spokeswoman says that after this year’s summer session, students will continue their education for the fall 2020 semester at one of two satellite Mercy campuses, depending on students’ area of study.
Is Monroe College a private school?
Monroe College is a private for-profit college and graduate school based in New York City. The college was founded in 1933 and has campuses in the Bronx, New Rochelle, and Saint Lucia with an extension site in Manhattan. The college is named after James Monroe, the fifth President of the United States.
Is it hard to get into Monroe College?
The acceptance rate at Monroe College is 45.3%.
This means the school is moderately selective. The school expects you to meet their requirements for GPA and SAT/ACT scores, but they’re more flexible than other schools. If you exceed their requirements, you have an excellent chance of getting in.