After 120 years, the Utica School of Commerce will cease academic operations on December 23rd.

Officials says while college attendance in upstate New York hit a high from 2009 to 2010, USC has sustained significant drops in enrollment since that time.

They say as a result, the two-year business college no longer has the student base to continue operations.

“USC has strived to develop great programs, countless career opportunities for our graduates, expert staff, and a superior administrative team,” said Philip M. Williams, USC president. “Unfortunately, even with our online program offerings, we have reached a point where the number of students can no longer support our sustainability. While it will no doubt take a very long time to digest this devastating fact, our current focus remains on the smooth transition and success of our current students, faculty, and staff.”

The Utica School of Commerce has two locations -- Bleecker Street in Utica and Route 5 in Canastota.

Current students will have several options:

  •  USC has a formal agreement with Bryant and Stratton College that ensures each student the opportunity to complete their program of study;
  •  USC will host “Transfer Days” in both Utica and Canastota where students will be able to speak with local colleges to identify transfer opportunities;
  • For those students who are scheduled to graduate in May, transfer courses will be arranged and graduates will receive a USC degree or certificate.