Students wonder what happens next as Medtech cancels classes, closes doors

LEXINGTON, Ky. (WTVQ) – A statement from the Board of Directors at Medtech College confirms that the Lexington campus has officially closed for good, leaving many students wondering what happens next.

The statement reads, in part, “It is with deep regret and sadness that Medtech announced the immediate closure of its campus in Lexington Kentucky.”

Students were given little warning, aside from a pair of messages over two days that concluded with the sudden closure of the school.

First, students say that they received a text on Tuesday saying that Wednesday classes were being cancelled.  The text also promised additional information by noon on Wednesday.

Then, on Wednesday, students reported receiving an e-mail from the Medtech Board of Directors, announcing that the Lexington campus would close, effective immediately.  In that e-mail, the board cited financial difficulties incurred after the U.S. Department of Education’s denied re-certification to Medtech campuses in Virginia, Maryland, and Washington, D.C.

A statement released by the Medtech Board of Directors says that “efforts to refute the Department’s findings and to maintain operations have not been resolved resulting in a material negative financial impact on the entire company.”  Despite closing its doors, the company also states that it “remains steadfast in its belief that the denial of recertification… and the basis upon which the decision was made are without merit.”

As for its current students, the school says that it will cooperate with other local schools, so that students will have “opportunities to transfer and continue their education.”

“Each student will be contacted so that they may be provided an official transcript along with their financial aid information. Additionally, Medtech will comply with state licensure requirements to provide students ongoing access to their academic records,” the statement continues.

Medtech does say that Spencerian College has offered to waive application fees for students who want to continue their education.

ABC 36 has reached out to the school for additional information, but has not received a reply.