Lourdes Device Policy

Lourdes endowment and donor gift update

In the spirit of transparency and care for your generosity, we want to share that, as part of the closure process, as required by law, permanently restricted endowments and temporarily restricted gifts must be transferred to other educational, religious and charitable organizations.聽聽This is accomplished through a court proceeding in which the Ohio State Attorney General鈥檚 office will be a party.聽The University intends to request that all remaining temporarily restricted and endowment funds be transferred to one of its Teach Out partners.聽聽The University has not determined to which of its Teach Out Partners remaining endowment or restricted funds will be transferred at this time.聽 If approved by the court, the recipient institution will be required to聽use endowed funds in accordance with the terms of original fund agreements. We will keep you informed as more details emerge, including the identity of that institution. No funds will be moved without the court鈥檚 approval. Donors may become a party to the court proceeding at their own expense.

We know this moment carries deep emotion and reflection. For generations, Lourdes has been more than a place鈥攊t has been a community grounded in Franciscan values, where lives have been shaped by compassion, learning, and service. Your generosity has been part of that story, supporting students, faculty, and staff in meaningful and lasting ways.

Since the February announcement, our focus has been on walking alongside our students, faculty, and staff during this time of transition. Many students nearing graduation have expressed a heartfelt desire to complete their degrees at Lourdes.聽In response, we are honored to offer summer classes to help them finish what they began here. As a result, scholarship support for students and continued support for faculty and staff through August remain essential.

We invite you, in this final chapter of Lourdes, to continue accompanying our community in ways that feel meaningful to you:

If you have a permanently restricted endowed fund, you may choose to modify the restrictions so it may be used to support general scholarships currently in such amounts as the University deems appropriate.聽Any funds remaining when the University ceases academic instruction would be included in the legal proceeding to transfer restricted funds to another educational institution, 鈥攑reserving your named legacy in service to students for years to come.

Alternatively, you may release all restrictions on your temporarily restricted or endowment fund for immediate use through the President鈥檚 Discretionary Fund.聽This support will help meet urgent needs during the wind-down鈥攕tudent scholarships, emergency assistance, and care for faculty and staff. In doing so, your generosity will have its greatest impact in this moment of transition, directly supporting those who have called Lourdes home.

To modify the restrictions or release the restrictions on your temporarily restricted or endowment fund, please contact Karen Dibling or Ruthi Michell at聽development@lourdes.edu聽or 419-824-3980.聽 Once a determination has been made, we will prepare a formal agreement for your review and signature. This step ensures your intentions are clearly documented. We kindly ask that you share your intentions as soon as possible, but no later than by May 31, 2026.

If you have included Lourdes in your estate plans or named the university as a beneficiary, you may wish to update your intentions.聽If you would like your legacy to remain within the Franciscan tradition, we suggest considering the Sisters of St. Francis Foundation.

Your gifts have already made a difference鈥攁nd continue to do so. They are helping sustain programs, support students completing their studies, and care for our campus community in these final months.

If you feel called to make an additional gift before June 30, we would be grateful to walk with you in that process. Above all, please know this: your generosity has been a blessing. It has opened doors, lifted burdens, and reflected the very heart of the Lourdes mission.

As we move forward, we carry deep gratitude for you and for the role you have played in this community. Thank you for walking with us鈥攑ast, present, and in these final steps.

Additional Teach-out Agreements

We are pleased to announce signed teach-out agreements with the below institutions. This list will be updated as additional schools are added.

Note: the full searchable directory of teach-out and transfer pathway partners can be found at .

College Fair on March 16

College Fair on April 15

Individual Campus Visits by Colleges

Individual campus visits by college representatives will be available at tables in Ebeid Hall (REH) from 10:30 a.m. to 2:30 p.m.

Tuesday, March 17, 2026

• University of Detroit Mercy*

• Malone University*

• Mercy College of Ohio

• University of Mount Union

• University of Toledo*

• Walsh University*

Wednesday, March 18, 2026

• Bluffton University

• Capital University*

• Chatham University

• Ohio Christian University

• University of St. Francis

• University of Toledo*

Thursday, March 19, 2026

• Anderson University*

• Eastern Michigan University

• University of Findlay

• Madonna University

• University of Michigan-Flint School of Nursing

• University of Mount Union

• University of Toledo*

*Official Teach-Out Partner

UTOLEDO ON CAMPUS TOMORROW (2/26)

Our first University of Toledo Team is heading to campus tomorrow from 9:00-11:00 am. They will be in the Franciscan Center Board Room and available to talk to students about their needs.

Please encourage your students to stop by and discuss their options with the UT Team, especially if you have students in your class during this timeframe.

The following UToledo colleges and departments will be in attendance tomorrow:

• Office of Undergraduate Admission

• Office of Graduate Admission

• Office of Financial Aid

• Office of Residence Life

• College of Health and Human Services

• College of Pharmacy and Pharmaceutical Sciences

• Neff College of Business

• College of Engineering

• College of Natural Science and Mathematics

• Judith Herb College of Arts, Social Science, and Education

• College of Medicine and Life Science

FAFSA Update for Transfer Students

We know this transition brings many questions, especially about financial aid.

One of the most important next steps for students planning to transfer is ensuring your 2026 – 2027 FAFSA is completed correctly and sent to your new institution.

To support you, we have prepared two step-by-step guides linked below. Here is what they cover:

How to File the 2026 – 2027 FAFSA

If you have not yet completed your FAFSA for the upcoming academic year, the guide walks you through:

• Logging in at studentaid.gov and creating or using your FSA ID

• Completing your student identity and demographic information

• Providing required consent to retrieve federal tax information

• Inviting contributors, such as parents or spouses, if required

• Entering financial information using your 2024 tax return

• Selecting the colleges that should receive your FAFSA information

• Reviewing, signing, and successfully submitting your application

Completing this step ensures your transfer institution can prepare your financial aid offer without delay.

How to Add or Update Your School Selection

If you have already filed your FAFSA but need to update your school choice, the second guide explains how to:

• Log back in and select 鈥淢ake Corrections鈥�

• Navigate to the School Selection section

• Add a new institution by searching by name, city, state, or federal school code

• Remove a school if you have reached the 20-school limit

• Re-sign and submit your updated FAFSA

Updating your FAFSA promptly will help avoid delays in receiving aid at your new college or university.

We鈥檙e Here to Support You

While this chapter is coming to a close, our commitment to supporting you through your transition remains strong. Taking these FAFSA steps now will help create a smoother transfer process and ensure your financial aid follows you to your next institution.

Please review the full guides linked below and reach out to the Financial Aid team if you need assistance.

Latest Update & Transfer Option Website

Dear Lourdes Students,

Thanks-

Dr. Beutel