In the coming weeks, St. Gregory's University (SGU) students will be scrambling to get back on track after receiving news Wednesday that the school is suspending operations after the fall semester ends.

In the coming weeks, St. Gregory's University (SGU) students will be scrambling to get back on track after receiving news Wednesday that the school is suspending operations after the fall semester ends.

To keep its doors open, struggling SGU was counting on approval of a USDA loan it had been working for months to secure. After word came down the loan was denied, the institution's board made the difficult decision to shut down classes in December.

The university's 550 students are now seeking a new place to finish their higher education goals.

On SGU's Facebook page, a post assured students that the school is working to help its students navigate the transition.

“Please know that we will continue operations and all classes will continue through the remainder of this fall semester,” the SGU post reads. “We are in contact with other colleges and universities, so that the transition for the students will be smooth.”

According to the post, Oklahoma Baptist University (OBU) was on SGU campus Thursday afternoon to provide students with teach-out and transfer information.

“They are one of the schools that we are finalizing teach-out agreements with the Higher Learning Commission. A transfer fair, as well as visits from other colleges and universities will be held over the next several days,” the post reads.

SGU also posted it will have Catholic Universities on our campus, as well.

“We will have a constant stream of information over the coming weeks about transfer institutions and where records will be stored,” the post reads.

OBU also kept a constant presence on Facebook as the process unfolds.

On the OBU Graduate College Facebook page, a post Thursday reads, “To the graduate students of (SGU), we are saddened by the news of the discontinuation of your graduate programs at the end of the current semester. We welcome SGU graduate students to OBU and are committed to offer our support in helping you to complete your academic pursuits.”

OBU also offered prayers for its longtime neighbor's students.

“We are praying for you in the coming days and weeks as you determine your next steps,” the post reads.

Also, the University of Science and Arts of Oklahoma (USAO) has its arms open, welcoming SGU students to continue their education at its institution.

“We recognize that the present moment is a difficult time for everyone affiliated with St. Gregory’s,” said President John Feaver. “As institutions sharing the same educational values, we are reaching out to all St. Gregory’s students to let them know that they can continue their growth as young scholars preparing to be the future leaders of our world at USAO.”

SGU also has 110 employees that will be displaced, as well.

Watch for updates.

Also, read about the fate of SGU athletics in the Sports Section of today's edition of The Shawnee News-Star.