consulting firm Alvarez and Marsal to oversee the closure. The accreditor rendered their withdrawal of accreditation unappealable as of June 10, apart from a "limited extension of the accreditation cease date to July 19, 2024, for the sole purpose of awarding earned academic credentials, executing any appropriate course substitutions, and for processing course grades."
On September 13, 2024, the university filed for Chapter 7 bankruptcy liquidation.
The Historical Society of Pennsylvania is now the home for a collection of archive materials from the UArts Libraries as well as a limited collection of student archives of the Pennsylvania Museum and School of Industrial Art / Philadelphia Museum School of Industrial Art. The UArts library collection is now owned by the Forman Arts Initiative.
=== Sale and redevelopment ===
The university's premises were sold in late 2024 and early 2025 as part of its bankruptcy proceeedings. On February 24, 2025, Hamilton and Furness Halls became the fourth and fifth of nine …
