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Vatterott College abruptly closes, Platt College helping students

Posted at 5:46 AM, Dec 19, 2018
and last updated 2018-12-19 06:46:52-05

TULSA — Vatterott Educational Centers abruptly closed its doors across the county this week.

The college posted on its website it would close Dec. 17.

In a release posted on their website, the college said "economic and regulatory conditions" have had a negative impact on their institution, which have made it difficult to secure financing.

Vatterott Educational Centers said they planned to sell their colleges and even signed a letter of intent with a buyer.

"Unfortunately, the U.S. Department of Education recently decided to significantly increase the restrictions on Vatterott’s participation in the federal financial aid programs. Vatterott is unable to continue operation under these restrictions, and consequently, is unable to complete the aforementioned sale."

The college said they are working to find other schools who will take on their students.

Platt College in Tulsa said they will host information sessions for Vatterott students.

The sessions will be held at 3801 South Sheridan on the following days:

  • Wednesday, Dec. 19 at 10:00 a.m. and 6:00 p.m.
  • Thursday, Dec. 20 at 10:00 a.m. and 6:00 p.m.
  • Friday, Dec. 21 at 12:00 p.m.

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