Toronto School of Art closes after 44 years
Toronto School of Art declared bankruptcy on Friday, November 30th, 2012, ending a more than 40-year-run.
Students and Faculty members were notified Thursday night and Friday morning to pick up their art supplfes from the third floor of the Adelaide St. W. location by 1 p.m. Friday.
The sudden close down was a bad surprise for staff and students. The main reasons for bankruptcy were declining enrolment and the monthly challenge of renting about 1,100 square metres in a trendy neighbourhood.
TSA, a registered private career college, provided diplomas and certificates. As they website states there were 1,200 students each year and 50 faculty members. A non-profit, registered charity, it relied on donor funds and tuition, and was “independent of subsidies or government funding.”
It was a really good school proved by many of their formal students who found precious jobs upon graduating.
After years and years of knowing individuals who studied at the TSA and having the opportunity to visit last year I was convinced that its excellent reputation was well deserved. We are saddened. Valerie Kent