Sale of a Santa Fe university placed on hold

SANTA FE, N.M. (KRQE) – The sale of Santa Fe University of Art and Design has been put on hold for now.

The Santa Fe New Mexican reports the Higher Learning Commission wants more information about the sale and its possible effect on financial aid for students.

The proposed sale is to a Singapore-based company.

The Commission’s board voted on the decision during its November meeting. The board expects to review the information at their next meeting in February. provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Users who violate these terms, including use of vulgar language or racial slurs, will be banned. Please be respectful of the opinions of others. If you see an inappropriate comment, please flag it for our moderators to review.

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