Concordia College New York to Cease Operations Fall 2021; Iona College to Acquire Concordia Campus and Provide Continued Education for Concordia Students Through Teach-out Plan
WESTCHESTER COUNTY, NEW YORK — Concordia College New York and Iona College today announced the institutions are proceeding with a formal agreement for Iona College to acquire Concordia’s Bronxville campus and provide continued education for Concordia’s students through a teach-out plan, enabling most students to continue their degrees to completion at Iona. Concordia College New York’s classes will cease beginning with the fall 2021 semester and the college will close. Details of the agreement are being finalized and are subject to regulatory approval. The agreement is expected to be completed by summer 2021.
Concordia’s President Rev. John A. Nunes, Ph.D., said: “Concordia’s challenges are reflected broadly in the higher education sector; accelerated by the pandemic, these challenges necessitated an outcome that brings deep pain to all those invested in Concordia and its 140-year history. I am grateful to the Board of Regents and my administration for working so hard to save our institution. Students continue to be our priority. By acting now, Concordia’s Regents have provided our students with an excellent pathway for continuing the high-quality, faith-informed education they began at Concordia.”
Iona’s President Seamus Carey, Ph.D., said: “The closure of a sister institution affects us all. As I’ve said since I arrived at Iona, higher education must, and will, be different going forward. This is especially true for private, faith-based institutions, and the COVID-19 pandemic has only exacerbated the circumstances demanding change. While we pursue regulatory approvals, Iona and Concordia will work together to ensure their students can complete their education with minimal disruption.”
A series of co-hosted, virtual Town Halls will be taking place to discuss the plans and help answer questions. Details will be shared shortly.
Iona plans to utilize the Concordia campus to develop a leading school of health sciences, furthering Iona’s strategic investments in the field, and continuing Concordia’s legacy of excellence in health sciences education.
Additional information is expected to be released as details are finalized pending regulatory approval. In the meantime, please direct inquiries to questions@iona.edu.
For Concordia Students: Learn more about transferring to Iona here.
ABOUT IONA
Founded in 1940, Iona University is a master's-granting private, Catholic, coeducational institution of learning in the tradition of the Edmund Rice Christian Brothers. Iona's 45-acre New Rochelle campus and 28-acre Bronxville campus are just 20 miles north of Midtown Manhattan. With a total enrollment of nearly 4,000 students and an alumni base of more than 50,000 around the world, Iona is a diverse community of learners and scholars dedicated to academic excellence and the values of justice, peace and service. Iona is highly accredited, offering undergraduate degrees in liberal arts, science and business administration, as well as Master of Arts, Master of Science and Master of Business Administration degrees and numerous advanced certificate programs. Iona students enjoy small class sizes, engaged professors and a wide array of academic programs across the School of Arts & Science; LaPenta School of Business; NewYork-Presbyterian Iona School of Health Sciences; and Hynes Institute for Entrepreneurship & Innovation. Iona is widely recognized in prestigious rankings, including The Princeton Review’s 2024 national list of “The Best 389 Colleges” and The Wall Street Journal/College Pulse’s “2024 Best Colleges in America,” which ranked Iona at #66 in the nation overall and #8 in the nation among Catholic schools. Iona’s LaPenta School of Business is also accredited by AACSB International, a recognition awarded to just six percent of business schools worldwide. In addition, The Princeton Review recognized Iona’s on-campus MBA program as a “Best Business School for 2023.” Iona also offers a fully online MBA program for even greater flexibility. In July 2021, Iona announced the establishment of the NewYork-Presbyterian Iona School of Health Sciences, which is now principally located on Iona’s Bronxville campus in collaboration with NewYork-Presbyterian. Connecting to its Irish heritage, the University also recently announced it is expanding abroad with a new campus in County Mayo, Ireland. A school on the rise, Iona officially changed its status from College to University on July 1, 2022, reflecting the growth of its academic programs and the prestige of an Iona education.