The Art Institute of Las Vegas may lose its license to operate in Nevada after a report to the Commission on Postsecondary Education recommended denying the school’s renewal request.
New owners Save Ai Las Vegas will appeal the decision at a commission meeting Wednesday in Carson City that also will be teleconferenced to Las Vegas. Commissioners have four possible courses of action: renew the license; suspend it until the sale of the Henderson school is complete; issue a conditional license; or revoke the license and immediately close the school.
The U.S. District Court of Northern Ohio approved the sale of the school to Save Ai, formed by a group of professors, this summer after months of receivership control. The receiver was appointed by the court following the dissolution of the school’s parent company, Dream Center Education Holdings, which operated for-profit schools throughout the country.
In July, the school submitted a renewal application for its private postsecondary educational license, which the commission denied on July 31, stating that the school had failed to provide the required financial statements with the application.