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Martin University, Indiana’s only historically Black college, will close in 2026 due to financial instability, ending nearly 50 years of service.
Martin University, Indiana’s only historically Black college, will close after nearly 50 years due to financial instability, following a recommendation from the Higher Learning Commission and the school’s voluntary surrender of accreditation.
The board cited declining enrollment, rising debt, lack of an endowment, and reliance on grants and donations as unsustainable factors.
Founded in 1977 to serve low-income and underserved students, the university awarded degrees to over 1,500 graduates and offered multiple programs.
In response, the University of Indianapolis and Marian University have pledged to accept transfer credits and cover tuition costs to help students continue their education.
The closure has sparked grief in the community, but officials emphasized honoring the institution’s legacy of access and equity.
Martin University, la única universidad históricamente negra de Indiana, cerrará en 2026 debido a la inestabilidad financiera, poniendo fin a casi 50 años de servicio.