College of New Rochelle finalizes deal to close for good

Posted: Updated:
NEW ROCHELLE -

The College of New Rochelle now says it will close after the summer session. 

The school also announced it has finalized a deal with Mercy College to allow students to continue their education.

Just last week, the college warned students it would likely close because of financial problems.

The agreement with Mercy means most students will pay the same or lower tuition and will also not lose any credits.

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