Filing for Chapter 7 Bankruptcy is not Finlandia University’s intent. Finlandia University will not enroll students for the 2023-24 academic year and will wind-down academic operations after the Spring and Summer 2023 sessions. Certain administrative and maintenance functions at the University will continue while needed.
The University anticipates that the terms of existing contracts will continue, though certain agreements may be renegotiated to better reflect anticipated operational needs.
Invoices should continue to be sent to the University in accordance with existing agreements.
The wind-down of operations may affect each academic partner differently depending upon the nature of the partnerships and the University’s anticipated needs.