RENO, Nev. (MyNews4.com & KRNV) -- It appears Morrison University will soon be closing. There was a student-only meeting at the school's building in south Reno on Wednesday.
When News 4 arrived to get the story, we were told we had to leave. However, News 4 has obtained a number of internal memos stating the school's parent company was filing for bankruptcy, and said the school would likely close on Friday.
The memos also said the school's parent company had an agreement to sell to another company, but that deal has not been approved by the Department of Education.
One student told News 4 it does not look like the school will stay open. "I mean, he basically kinda sorta said about maybe a ten-percent chance that it's gonna happen; but more than likely its not gonna happen," said Computer Science Student Marcus Endricks.
News 4 also called the federal Department of Eduction to learn why the school's sale was not being approved. A spokesperson for the Department of Education did not comment on the sale, then directed us to a page on their website. The page was explaining how students can get their academic and financial aid records for a school that is closing.