Hampshire College secured an agreement in principle for a loan to keep its teach-out running through December after trustees voted to maintain the winding-down plan. President Jenn Chrisler told the community the financing provides enough financial confidence for a continued academic wind-down while the college works on land-sale strategy and legacy planning. The development reduces near-term risk for remaining students who need time to complete or make progress toward degrees before the campus closes. It also highlights the critical role philanthropic partners can play in stabilizing institutional operations during liquidation or closure scenarios. Trustees’ decision ties together student-continuity obligations and complex asset planning, a common pressure point as financially distressed colleges manage both legal and enrollment timelines.