LIMESTONE STATEMENT
GAFFNEY, S.C. — April 16, 2025: After 179 years educating students in person, Limestone University is facing a critical turning point which may require transitioning to online only classes or at worst ceasing operations completely.
Limestone currently offers both in-person and online classes. Limestone University’s Board of Trustees has announced that, absent the University obtaining immediate financial support in the amount of $6 million, the institution will need to move to a fully online model, or, possibly, to begin the process of ceasing operations. In light of the serious financial outlook, the Board will convene on April 22, 2025, to discuss the next steps for the historic institution.
“Limestone remains committed to our students and we will work directly with current students to help them identify the best path to successfully complete their educational journey,” said Randall Richardson, Chair of the Limestone University Board of Trustees. “We are reaching out separately to students with information regarding options to continue their education.”
While full closure remains a risk, the institution is considering a scenario that would discontinue all in-person academic operations and all other activities, including athletics, in Gaffney. The fully online model would effectively end the traditional college campus experience.
“The Board’s priority is to preserve the Limestone mission of education and service on our campus in addition to online. But without this financial lifeline, we will have no choice but to move all operations online, which means closing our physical campus,” said Richardson. The179-year-old institution aims to maintain online degree programs. The online portion of the institution has seen strong growth and could support long-term stability.
Limestone University has long been a vital institution in South Carolina and the greater region, blending academic excellence with personal attention and a rich campus life. The institution has a $150 million annual economic impact on Cherokee County and this potential shift to online-only instruction threatens not only the campus experience, but local jobs and the cultural presence Limestone has provided for nearly two centuries.
The university’s financial challenges stem from a combination of nationwide enrollment declines, rising costs, and long-standing structural pressures facing small, private institutions. The proposed $6 million emergency fund will stabilize operations and give the university the opportunity to pursue long-term solutions that preserve its on-campus identity.
Media inquiries should be directed to Charles Wyatt, Vice President for Communications & Marketing, at [email protected].
Questions from students should be directed to Dr. Brian Ameling, Provost, at [email protected].
All other questions should be emailed to [email protected].
