of 2011. Revival and reopening In October 2010, Mark Roosevelt, formerly of Pittsburgh Public Schools and former legislator in Massachusetts who authored an education reform law in 1993, was hired as the new president. The following year, Antioch reopened as an independent four-year college in the autumn of 2011 with 35 students after the Ohio Board of Regents approved the college again offering Bachelor of Arts and Bachelor of Science degrees. Antioch University agreed on the official transfer of ownership of WYSO and the Kettering Building to Antioch College for $8 million on July 3, 2013 along with release of Antioch University's reverter rights retained in the prior sale. Also in 2012, Antioch announced it would offer free tuition to its students for the following three years, pledging to charge them only room, board, and fees. As a result, Antioch College received more than 2,500 applications for fall 2012 admission. About five percent of applicants received acceptance letters. After tuition was re-introduced, applications and selectivity fell with 140 applicants for 2016 entrance and a 71% acceptance rate. The Higher Learning Commission granted the newly-restored Antioch College candidacy status in pursuit of accreditation on June 13, 2014. The commission also allowed the college "to take the fast track to accreditation...on a two-year path rather than the traditional four-year process." The college's students would thereby be eligible for federal financial aid. Two years later, the commission granted Antioch College accreditation. Antioch's accreditation was continued in 2021 but subject to provision of certain reports in 2022 and 2023. Between 2011 and 2015, the college borrowed against a $42 million endowment to finance $37 million in capital improvements. On May 5, 2015, Roosevelt announced that he would depart as president of Antioch College at the end of the year. Dr. Thomas Manley was hired as the new president, and began his presidency in March 2016. The month after Roosevelt's announcement, the college celebrated its first graduating class since 2008, conferring degrees on 21 students. With accreditation secure in 2016, President Manley initiated a process of refinement and visioning for the future of the College known as FACT (the Framework for Antioch College's Transition). The FACT process engaged the entire College community in multiple design-build workshops to co-design a new educational model that integrates assets like Co-op, NPR radio station WYSO, the Wellness Center, Antioch Kitchens, the Antioch Farm, Glen Helen Nature Preserve, the Coretta