 In January 2020, the University became insolvent, and was granted protection under the Companies' Creditors Arrangement Act while it restructured its debt; operations and recruitment continued as normal, and the university was searching for a possible merger with a more stable university in order to manage its debts and protect its current students.The university is currently struggling to function under its debt and is available for purchase.As of April 4, 2020, such a sale is intended to be conditional on a long-term leaseback that will allow it to continue its university operations; meanwhile, nearby university lands are available for unconditional sale.