and founder Frank Papatheofanis announced that the university would close at the end of the spring semester on May 18, citing a "steep shortfall in operating cash" as the reason for the closure.
NBC News 7 in San Diego noted that, in contrast to the stated timeline, the university was closing immediately with staff directed to pick up their final checks the following day. They also reported that Papatheofanis said that the athletics programs were responsible for the institution being "significantly over budget".
Final exams in the Spring 2024 semester were canceled because of the closure.
== Academics ==
The University of Saint Katherine (USK) taught liberal arts and sciences and offered undergraduate and graduate degree programs, initially with a focus on liberal arts from an Orthodox Christian perspective. The institution offered baccalaureate degrees in liberal arts and sciences. In 2020, it began to offer a Master of Arts in Organizational Leadership. In 2022, a Master of Science in kinesiology and an online …
