GREAT FALLS The University of Providence has officially declared financial insolvency, citing major financial concerns in 2026. The decision comes after Providence Health System announced that it will discontinue its financial assistance to the school by the end of 2027, leaving the institution with an $8 million annual deficit to cover.

Quentin Shores reports - watch the video here:

We already started doing some looking at all our programs building efficiencies, said interim president Dr. Caroline Goulet. More to come in January and probably at a faster pace.

When the institution heard that its financial "runway" had come to an end, the administration began planning for long-term viability. "We knew that we couldn't wait until fall 2027 to do that," Goulet recalled.

Declaring financia

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