The San Francisco Art Institute (SFAI) has announced plans to reopen its degree programs starting this fall, just four months after a shocking decision to shut down permanently due to severe financial challenges. This decision marks a significant turnaround for the institution.

Faculty Reinstatement and Student Interest

In a recent development, the school’s board successfully negotiated to rehire all tenured faculty members. Despite ongoing financial difficulties, including missed payments on a $19 million loan and layoffs of 69 adjunct faculty responsible for a majority of the institution’s classes, the SFAI is optimistic. The school reports increased interest from students eager to return and complete their degrees.

“The core faculty are the heart and soul of the SFAI community, and the Board is delighted that these disputes have been successfully resolved,” stated Pam Rorke Levy, Chair of the SFAI Board. “We look forward to welcoming back some of our degree-candidate students, as early as this fall. Most of our classes are likely to be online in the fall semester, with on-campus instruction resuming in the spring, pending the status of COVID-19 restrictions.”

Concerns from the Student Body

While enthusiasm exists among some students wishing to return, others reflect on the unpredictable nature of recent events. Several students described their experiences with the institution over the past few months as akin to an “abusive relationship,” highlighting the emotional toll related to the uncertainty surrounding their education.

Currently, the institute is focused on enticing 79 undergraduate and graduate students to re-enroll. Concerns remain, particularly among immigrant students who depend on financial aid packages and are apprehensive about the school’s future.

Financial Turbulence and Future Plans

The future of SFAI’s historic campus, located on Chestnut Street, remains uncertain as it was pledged as collateral for the existing $19 million loan sourced from Boston Private & Trust Company. This loan was partially utilized for enhancements to its Fort Mason campus. A foreclosure process is already underway, but the board anticipates that the situation may be resolved prior to the start of classes next month.

Looking Ahead to a Milestone Anniversary

In addition to academic plans, the SFAI is preparing to celebrate its 150th anniversary next spring, contingent on health regulations. The institute also aims to raise $4.5 million to navigate through its current fiscal challenges and maintain commitments to faculty, staff, and students.

“We have some exciting opportunities ahead to attract new supporters and build on our relationships with long-time donors,” noted Jeremy Stone, Vice-Chair of the Board. He mentioned upcoming high-profile online auctions showcasing works by renowned SFAI-associated artists and a series of public events leading up to the anniversary celebration.