In February, the Department of Education cut off access to student financial aid for students attending campuses of Argosy University and the Art Institutes across the country. This was due to the fact that Dream Center Education Holdings, which had acquired the family of schools, was headed for bankruptcy. In an effort to help the students affected by this mass closure, Academy of Art University has instituted new policies that will allow former Argosy and AI students to complete their education.
A “teach-out” agreement has been introduced aimed at students who have completed most of their degree. The arrangement makes it possible for these students to transfer up to three-quarters of the necessary credits for their particular degree, subject to transcript and portfolio evaluations. For students who do not qualify under the “teach-out” plan, the articulation agreement that was already in place allows students to transfer up to 75% of their credits.
Located in San Francisco, California, Academy of Art University was founded in 1929 as Academy of Advertising Art. The school’s campus is on New Montgomery Street in the South of Market area of the city, which makes for a unique college experience. Academy of Art University awards associate’s, bachelor’s, and master’s degrees in twenty fields.
As a whole, the university is accredited by the Western Association of Schools and Colleges. In addition, specific degree programs have relevant programmatic accreditation. For example, the school’s interior architecture and design degrees boast accreditation from the Council of Interior Design Accreditation. The school also offers an accredited architecture program at the bachelor’s level.
With more than 18,000 enrolled students, Academy of Arts University is now the nation’s largest private accredited, degree-granting art and design school. Founder Richard S. Stephens envisioned an institution open to interested students whether or not they had a portfolio of work, and where future artists would learn from working professional artists. To this end, students receive a practical education which allows them to hit the ground running and enter the workplace upon graduation.