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Limestone will close the institution at the end of this semester, citing “long-standing financial pressures, declining enrollment trends, and rising operational costs made it impossible for the institution to remain sustainable without the immediate influx of substantial funding.” Board of Trustees Chair Randall Richardson: “Despite exhaustive efforts to secure the funding necessary to continue our operations, we have come to the difficult conclusion that Limestone University has not been able to secure the necessary funding to sustain its operations. We want to thank the almost 200 recent supporters in the last two weeks who committed a collective $2.143 million. We had hoped that would be enough to sustain our institution. But in the final analysis, we could not continue operations on-campus or online without a greater amount of funding.” (link)

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