ɪn tˈuː θˈaʊzənd sˈɛvəntˌiːn, dˈuː tə ðə wˈɜːsənɪŋ ʌv ɪts faɪnˈænʃəl sˌɪtʃuːˈeɪʃən, ðə jˌuːnɪvˈɜːsᵻɾi stˈɑːpt ɪts ˌækədˈɛmɪk æktˈɪvᵻɾiz ænd ðə stˈeɪt lˈaɪsəns wʌz nˌɑːt ɹᵻnˈuːd.
In 2017, due to the worsening of its financial situation, the university stopped its academic activities and the state license was not renewed.