Dear ACCT Student:
This letter is meant to notify you that American College of Commerce & Technology (ACCT) is closing effective December 30, 2017.
We at ACCT are committed to your success and want to help you in any way we can to ensure you succeed in your educational endeavors. In that regard, we are proud to have worked very hard to reach an agreement with the State Council of Higher Education for Virginia (SCHEV) and the University of the Potomac to conduct a “teach-out” of your current program. The teach-out plan received approval by SCHEV on November 30, 2017. Additionally, University of the Potomac has also agreed to teaching out each of ACCT’s students at their domestic tuition rate instead of their international tuition rate.
To ensure there be no interruption in your education; you will continue to have primarily the same instructors, support staff, and programs through the end of this term which commences on December 18, 2017.
The University of the Potomac will begin overseeing the teach-out of your courses on January 8, 2018. Should you wish to participate in the teach-out and continue your education, you are invited to attend an orientation on either Saturday, December 2, 2017 or Saturday, December 9, 2017 at the American College of Commerce & Technology campus. If you are not able to attend either session, an appointment will be scheduled for you to meet with designated staff at both colleges immediately. If you have any friends that have attended ACCT in the recent past, they can also attend these sessions.
ACCT selected University of the Potomac to help you complete your studies because it is a highly ranked regionally accredited University that offers the following benefits to ACCT students:
University of the Potomac is accredited by the Middle States Commission on Higher Education, 3624 Market Street, Philadelphia, PA 19104, (267) 284-5000. The Middle States Commission on Higher Education is an institutional accrediting agency recognized by the U.S. Secretary of Education and the Council for Higher Education Accreditation.
The main campus of University of the Potomac is located at 1401 H Street, N.W., Washington, DC 20005, and is licensed to operate in the District of Columbia by the Education Licensure Commission of the DC Office of the State Superintendent of Education. The Office of the State Superintendent of Education, formerly known as the State Education Office (SEO), is a high-performing, transparent agency that sets proactive policies, exercises vigilant oversight, and directs resources that guarantee residents educated in the District of Columbia are among the highest performers in the nation; fully prepared for successful postsecondary learning and employment in the creative economy.
University of the Potomac’s Branch campus, located at 2070 Chain Bridge Rd, Vienna, VA, 22182, is certified by The State Council of Higher Education for Virginia (James Monroe Building, 101 North Fourteenth Street, Richmond, VA 23219: 804.255.2600) to operate in Virginia.
University of the Potomac is registered with the Maryland Higher Education Commission to enroll Maryland students in the fully online distance education programs. MHEC is the State of Maryland’s higher education coordinating board responsible for establishing statewide policies for Maryland public and private colleges and universities and for-profit career schools.
SEVP-certified school is a college, university, seminary, conservatory, high school, private elementary school, private middle school, other academic or vocational institution, or language training program in the United States that has applied for and received certification to enroll F and/or M nonimmigrant students.
Approved for Optional Practical Training for F-1 Students
Optional Practical Training (OPT) is a form of work permission that allows F-1 students to work off-campus anywhere in the United States in a field related to their area of study. Students do not need a job offer to apply for OPT. Students may apply for Pre-Completion Practical Training and/or Post Completion Practical Training at the University. Please note, students on active OPT and/or STEM OPT at ACCT must pursue a new program of study at the University of the Potomac.
The College will make your transfer experience a smooth one.
Your ACCT courses will be evaluated for immediate consideration of transfer of credit.
All ACCT students will be afforded group tuition rates at $240 per credit hour for all undergraduate degree programs and $450 per credit hour for graduate degree programs during their entire duration of study.
Classes are available at campuses in Washington, D.C., Northern Virginia and Online.
Day, evening and weekend classes are available.
Class sizes are small for more personal attention.
Please note, as of November 30, 2017, ACCT is no longer able to issue any new Forms I-20, “Certificate of Eligibility for Nonimmigrant Student Status.” ACCT nonimmigrant F-1 students in “Active” status must immediately perform one of the following actions:
- Seek transfer to another SEVP-certified institution,
- Change their status, or
- Depart the United States.
If one of these actions is not completed prior to February 26, 2018, your record may be terminated in SEVIS and you may be considered out of status. If you elect to continue your studies in the United States, you can transfer to another SEVP-certified school such as the University of the Potomac. If you elect to discontinue your studies in the United States, your SEVIS record will be terminated for the reason of “authorized early withdrawal.”
F-1 Transfer while on OPT/STEM OPT Information
When a student decides to leave one school to attend another, the student’s SEVIS record must be electronically transferred to that new school on a specific date. This is called the “release date.” Students should keep in mind the following points when deciding on an appropriate release date:
- After the release date has passed, students may not continue working on OPT/STEM OPT, even if the Employment Authorization Document (EAD) has not expired. The release date, in effect, cancels the EAD.
- The transfer release date must be no earlier than 5 months before the new program start date and no later than 60 days after the expiration date on the EAD.
How to Complete a Transfer Out of American College of Commerce & Technology
ACCT nonimmigrant F-1 students in “Active” status should follow the transfer process below to maintain valid F-1 status:
- Obtain admission to enroll at the new school.
- Submit a completed Institutional Withdrawal Form to ACCT
- Attach a copy of the admission letter or proof of admission.
- Attach any required verification form from your new school.
- ACCT International Office will enter the chosen release date into the student’s SEVIS record. On that date, the new school will electronically receive the SEVIS record and will then be able to issue a new transfer I-20 to the student. At that time, the ACCT I-20 will no longer be valid.
- Contact the new school’s International Student Office to find out what their procedures are to finish the transfer process.
You will be receiving additional emails regarding your transfer options and the respective steps involved. We are looking forward to servicing your needs as you to transition to your next endeavor.
Dr. Andrea Diese, President
American College of Commerce & Technology