Anna Maria College will close at the end of the spring semester, after officials cited insurmountable financial challenges and repeated compliance warnings. The Catholic institution in rural Massachusetts announced that it will halt academic offerings after the spring term and close by the end of 2026. The decision followed escalation from both its accreditor and state regulators. The New England Commission of Higher Education warned in March that the college risked violating standards related to institutional resources and raised concerns about financial stability and debt. On April 10, the Massachusetts Department of Higher Education warned the institution was a closure risk. Enrollment and liquidity constraints left the board with limited options. Federal data show enrollment at 1,202 in fall 2024 (down from typical enrollment above 1,400 before 2020), while the most recent audit valued the endowment at $1.5 million as of FY2025. The college also violated a bond covenant in FY25 and received a waiver—another indicator of constrained finances. Anna Maria’s closure comes just weeks after Hampshire College in Massachusetts announced similar closure planning amid enrollment declines and bond-covenant concerns, underscoring the growing financial pressures facing smaller private colleges.