Mercy College in teach-out agreement with Alliance University

Mercy College has entered into a teach-out agreement with Alliance University, formerly Nyack College, which is closing after having its accreditation revoked.

Alliance is a private Christian university affiliated with the Christian and Missionary Alliance. It was founded in Manhattan 1882 as Missionary Training Institute. It acquired land in South Nyack in 1897 and changed its name to Nyack College in 1972 after expanding its curriculum beyond the seminary studies. The school closed and sold the Nyack campus in 2020 and renamed itself Alliance, moving its operations to Manhattan.

In June, the Middle States Commission on Higher Education (MSCHE) announced it would revoke the school”™s main accreditation in December, citing its financial problems. The school”™s leadership voted to close the school at the end of August, with 106 students in its final graduating class.

Under the agreement with Mercy, Alliance”™s current students who are in good standing can carry over as many credits as possible and will be offered a tuition rate equivalent to that of Mercy”™s current students for the academic year. They can choose to enroll in classes at Mercy”™s campuses in Dobbs Ferry, the Bronx or Manhattan or as online students, and will be eligible to receive scholarships. Additionally, Mercy will also extend its Alumni Scholarship of $1,000 in the first year of study to Alliance alumni who enroll in Mercy College graduate programs in the 2023-2024 or 2024-2025 academic year.

This is the third time in four years that Mercy engaged in teach-out agreements with schools facing closure ”“ it signed a 2019 with the College of New Rochelle and a similar deal last December with Cazenovia College.

Alliance is awaiting MSCHE approval for a similar teach-out agreement with Iona University in New Rochelle. The school has other teach-out agreements in place with several institutions including Borough of Manhattan Community College, Fordham University, New Brunswick Theological Seminary in New Jersey and Queens College.