Saved! The door is not closing for this college!

WRIC reports.

Sweet Briar saved: Settlement reached to keep university open

Richmond, VA – Saving Sweet Briar, Inc., the non-profit group formed to save Sweet Briar College, celebrated today the announcement of a settlement agreement that will save Sweet Briar College.

On Saturday, Attorney General Mark Herring, Sweet Briar College, Ellen Bowyer, County Attorney for Amherst County; and Saving Sweet Briar, Inc. announced that the parties have signed a Memorandum of Understanding that outlines a settlement agreement that will usher in new leadership for the College and provide the necessary funding to close the current financial gap so that the College can remain open.

“Today’s settlement is an answer to the prayers of many and a powerful validation of the value of fighting for what you believe in,” said Sarah Clement, Chair of Saving Sweet Briar (Sweet Briar College, AB 1975; University of Virginia School of Law, JD 1984). “We first thank County Attorney Ellen Bowyer for her leadership in bringing the lawsuit to save Sweet Briar College. Additionally, the $21 million in pledges generated by the alumnae community was pivotal in demonstrating that the College’s funding gap could be closed. We are forever grateful to the thousands of alumnae who made this possible and call upon them to convert their pledges into donations quickly so we can deliver on the promise we have made.”