Closure & Teach-Out Plan FAQs
Pittsburgh Technical College to Close
on August 9, 2024
After careful deliberation and
thorough exploration of alternative options, Pittsburgh
Technical College (PTC) will cease academic instruction with plans to remain
closed
indefinitely, following the end of the Spring quarter on June 27, 2024.
Contents
General Information
Why is Pittsburgh Technical College
closing?
Like many colleges and universities
across the United States, Pittsburgh Technical
College (PTC) has faced declining enrollment, market pressures, and inflation
in recent
years due to the global pandemic and changing views of higher education,
negatively
impacting revenue generation. At PTC, we are no exception. Despite PTC s
in-demand
programs, the Board of Trustees determined, after extensive analysis of
multiple
scenarios, that the College does not have the long-term financial resources to
continue
operations. The school will close on August 9, 2024.
When will PTC officially close?
The Spring quarter, ending June 27,
2024, will be the final quarter for all PTC classes,
after which all instruction will cease.
What steps did the College take to
mitigate its financial challenges?
The PTC Board and college leadership took
strategic, creative and aggressive actions to
raise revenues and address the school s financial challenges, including
successfully
reducing PTC s debt by $10 million, a carryover from the prior Pittsburgh
Technical
Institute administration.
As part of its five-year strategic
plan, PTC has expanded access, created public and
private partnerships, and has been actively focused on improving both
enrollment and
retention of students to continue filling the regional workforce pipeline and
educating the
next generation of workers.
PTC evaluated multiple potential
operating models and explored a variety of different
scenarios, including mergers and partnerships, to avoid closure, but
unfortunately, due to
the aforementioned
reasons, PTCs Board of Trustees decided to close the college.
What will happen to the College campus
and other real estate owned by the College?
This decision has not been made yet.
FAQ for Students
What can current students expect
during the final quarter?
PTC classes will continue through June
27, 2024.
Coursework and student life activities
will continue as planned, and the college s student
housing,caf ,
and student and academic support services will remain fully operational
through June 27, 2024.
In addition, currently enrolled
students have access to a comprehensive teach-out plan that will provide
a smooth pathway for students to
continue their degrees at other institutions.
Students are invited to attend
informational sessions for guidance on the closure process,
record retention, distribution of
transcripts, and sessions with the College s teach-out partners. Information
about the info sessions is forthcoming.
Will there be a Class of 2024
Commencement?
Yes, PTC is looking forward to hosting
a Commencement ceremony for graduating students on Saturday, June 22 at 10 a.m.
at PTC s campus.
What is the College doing to assist
current students?
PTC has entered teach-out agreements
with multiple colleges and universities to ensure a smooth transition for
students so they can complete their education without interruption.
Working with these institutional
partners, PTC will assist students in continuing their studies elsewhere as
part of teach-out agreements with these schools.
Detailed information about these plans
and colleges/universities is forthcoming.
What is the College doing to assist
international students?
International students will be offered
the same resources as those provided to local students.
Will I be able to participate in my
planned clinicals, student teaching, internship, etc.?
More information is coming.
Will I be able to access my PTC email
account?
No. All PTC accounts, including those
of students, will terminate with the closure of the school on July 31st,
2024.
How can I get more information?
Students are invited to attend
upcoming informational sessions on multiple topics related to the closure. More
information will be shared when available.
For students who have jobs on campus,
what happens?
Every role is different. We recommend
the student talks with his/her direct supervisor.
On-Campus FAQ
When do students have to be moved out
of residence halls?
As previously planned, students are
slated to move out on or before June 28, 2024. More details will be published
when available.
Financial Aid FAQ
Will I be able to maintain my
scholarship in the Spring 2024 quarter?
Yes. All financial aid commitments
will continue through the current academic year.
Will I still get my financial aid
refund?
Yes, the College remains eligible to
participate in PA and federal financial aid programs
and continues to process all PA and federal financial aid for current students.
If you are
eligible for a refund, you will still receive it
Will I still be responsible for paying
the balance of my tuition once PTC closes?
Yes, students will be responsible for
paying tuition and fees for the completed quarters.
Can I discharge my student loans since
PTC is closing?
Loan discharge is the removal of your
obligation to repay your loan under certain circumstances. There are certain
eligibility requirements to qualify for a closed school loan discharge, and you
must apply (https://studentaid.gov/announcements-events/closed-school).
You can either:
U.S. Department of Education
Resources:
What should I do if I have already
submitted my FAFSA for 2024-2025 at PTC?
If you filed a FAFSA for
the 2024-25 award year identifying PTC as the institution you would be
attending, and need the information forwarded to another institution, visit
fafsa.gov to make changes to your filed application.
Do I need to complete a new FAFSA?
If you have completed a 2023-24 or
2024-25 FAFSA for PTC, you will only need to add the school code of the new
school. Once the Financial Aid Office knows where students will be
transitioning, they can assist you in adding the school code.
Will I be reimbursed if I have already
made tuition payments for the next semester?
Yes.
Teach Out FAQ
What is a teach-out plan?
A teach-out plan is a pre-arranged
plan outlined by a college to provide enrolled students in good standing* with:
For those interested in an institution
that is not a teach-out partner, many institutions accept applications for
transfer, but the process may not be as seamless or may not have the same
guarantees as with transitioning to a partnering teach-out institution.
Who are the teach-out institutions?
Per-school documents can be found here
> https://drive.google.com/drive/folders/1hkpinvlzIL6v8drxz1PImZfcT3Ob8qJC?usp=sharing
Carlow University
Community College of Allegheny County
Community College of Beaver County
Penn Commercial Business/Technical
School
Point Park University
Thomas Edison State University
Westmoreland County Community College
Other institutions that are NOT
Teach-Out Partners but expressed interest in helping PTC students:
Penn State World Campus -
transfercredit@worldcampus.psu.edu
West Liberty University - kayla.waialae@westliberty.edu
Westminster University - mcminnjg@westminster.edu
Western Governors University - fred.vonderlage@wgu.edu
Should I start looking for another
College?
PTC will remain operational through
August 9, 2024, and will cease academic instruction in
June 27, 2024. The College has put plans in place to ease students transitions
and we will work with them to determine how best to complete their college
degrees.
This includes teach-out agreements
with other colleges and universities. We will share more about this plan as it
becomes available.
What are my next steps as a student?
Continue your progress as normal and
PTC will advise you of your next steps as we move
forward through the teach out process.
Will Students be assigned an advisor
to assist?
Transcript FAQ
How will students and graduates be
able to access their transcripts?
PTI graduates (up to 1999):
PTC is working with the Pennsylvania Department of Education to house
former PTI student records, and other closed school records the college
maintains.
PTC graduates (2000 to present) :
PTI and PTC student records will be housed by Point Park University once
all agreements are finalized. More information will be shared when available.
Current students and graduates:
You can request a transcript today via National Student Clearinghouse
Transcript Services. (https://tsorder.studentclearinghouse.org/school/select)
How will my potential employers verify
my education at PTC?
You can order a transcript from the
National Student Clearinghouse (https://tsorder.studentclearinghouse.org/school/select) to be sent
directly to your employer for verification of your education.
Admitted Student FAQ
What if I have recently applied and/or
been accepted to PTC?
PTC is no longer accepting new
students. If you submitted an admission application
for PTC, you should begin to make plans to attend another college. If you have
made a tuition payment for an upcoming quarter at PTC, you will be refunded in
full.
Faculty and Staff FAQ
What is the College doing to support
faculty and staff?
Over the next several weeks and
months, we will be working with faculty and staff to provide them with
resources and support.
Details will be communicated
individually to staff and faculty through their supervisor and Human Resources.
Will there be severance packages for
faculty and staff?
Due to the school s financial
challenges and limited financial resources available, PTC cannot offer
severance packages now.
Will PTC help faculty and staff find
new positions?
Leading up to the closure date,
professionals will be available to help with resume writing, LinkedIn, and interviewing.
Information will be provided to faculty and staff to schedule these sessions.
How long will faculty and staff be
able to keep their health benefits?
Health insurance benefits will cease
on the last day of the calendar month of the closure. Because the institution
is closing, COBRA continuation will not be available, but professionals to
guide you through evaluating healthcare options, including the marketplace and,
if applicable, Medicare coverage.
What if I must provide an employment
record about my work at PTC? Where should I go?
Employment records will be maintained
by Point Park University. Upon closure, PTC will issue letters to verify
employment to each employee to provide as evidence of employment.
What will happen to my 401k account?
Your Empower retirement account will
need to be liquidated as the group plan will be
terminated after the school s closure. You will have options to choose from,
including
conversion to an Individual Retirement Account (IRA). We will provide guidance
from
finance professionals onsite.
Alumni FAQ
What does PTC s closure mean for my
resume? Will my PTC degree be recognized after the College closes?
Once you have earned your degree,
nothing will change that. Degrees always remain valid if conferred from a fully
accredited institution. PTC has remained fully accredited by the Middle States
Commission on Higher Education (MSCHE) and will continue to remain accredited
until the College ceases operations.