Exemptions for certain out-of-state nonprofit universities assuming operations of Alameda County campuses facing imminent closure.

The bill allows the Bureau for Private Postsecondary Education to exempt certain out-of-state nonprofit universities from certain requirements if they assume operations of an existing campus in Alameda County that is facing imminent closure. The exemption applies only to the specific campus and cannot be transferred or used as precedent for other institutions. To qualify, the institution must be regionally accredited, headquartered outside California, and have an endowment of at least one billion dollars.

Exemptions for certain out-of-state nonprofit universities assuming operations of Alameda County campuses facing imminent closure.

The bill allows the Bureau for Private Postsecondary Education to exempt certain out-of-state nonprofit universities from certain requirements if they assume operations of an existing campus in Alameda County that is facing imminent closure. The exemption applies only to the specific campus and cannot be transferred or used as precedent for other institutions. To qualify, the institution must be regionally accredited, headquartered outside California, and have an endowment of at least one billion dollars.