The King’s College will be able to finish the spring 2023 semester thanks to a $2 million loan from Peter Chung, although the future of the college remains uncertain. In an email on Friday, March 3, King’s confirmed that “we received bridge financing that will provide us with funds to ensure that we can fulfill our financial obligations to faculty and staff through the end of the semester.” The $2 million loan does not cover the overdue rent for the Albee on-campus housing.
Read MoreTKC Students for Life hosted a new kind of off-campus event, the Spring into Life Gala and Gameshow, on Feb. 25. The gala gave students a chance to wear formal attire, feast on amazing food and watch or participate in a live game show. At the beginning of the event, the SFL exec team members spoke about their intention to make the event a time of celebration and joy amidst the difficult news about the financial situation at King’s. Approximately 35 students showed up to partake in the festivities.
