The school’s board is set to meet tomorrow to review finances that may ultimately impact Saint Rose’s Middle States Commission on Higher Education certification.
The college requested $5 million in financial assistance from the City of Albany, according to David Galin, Mayor Kathy Sheehan’s chief of staff.
“Mayor Sheehan believes it is in the City of Albany’s and our residents’ best interest for the College of St. Rose to continue to operate,” Galin said in a statement to Spectrum News 1. “There are a number of legal and fiscal hurdles the City would have to overcome to provide direct aid to a private college, and we are exploring how we can help.”
