In a significant development within the educational sector, the Department of Higher Education has announced the cancellation of registrations for several private higher education institutions. This unprecedented move affects City Varsity, Damelin, IESA City Campus, and Lyceum College, prompting widespread concern among students, staff, and the educational community at large. The cancellations stem from issues related to compliance with legal and financial standards, as outlined in the Higher Education Act and its regulations. This blog post delves into the reasons behind these cancellations and the profound impact they have on the students and staff of these institutions.

The decision to cancel the registrations of City Varsity, Damelin, IESA City Campus, and Lyceum College was driven by their failure to meet critical legal and financial obligations. Among the key issues were their inability to submit annual financial statements and tax clearance certificates for the years 2021 and 2022. Such failures call into question the financial viability of these institutions, a core requirement for maintaining registration under the Higher Education Act. Moreover, these institutions were found to be deficient in fulfilling their educational and administrative responsibilities, a violation of the standards set forth in chapter six of the regulations. This non-compliance not only breaches the regulatory framework but also compromises the quality of education offered to students.

The ramifications of these cancellations are dire for both students and staff of City Varsity, Damelin, IESA City Campus, and Lyceum College. Students face uncertainty regarding the completion of their programs, the potential loss of tuition fees, and the validity of their qualifications. Reports of poor teaching quality, inadequate administrative support, and unresolved complaints have surfaced, highlighting the operational challenges within these institutions. Staff members have been impacted by non-payment and underpayment of salaries, indicative of the institutions' financial struggles. Additionally, the sudden closure of campuses due to financial issues has left many in the educational community stranded, exacerbating the crisis.

The cancellation of registrations for these named institutions underscores the importance of adhering to legal and educational standards. The consequences faced by students and staff highlight the need for stringent regulatory oversight to protect the interests of all stakeholders in the educational sector.