Officials with Mills College on Thursday announced that the school will begin formal discussions to combine with Northeastern University.
The announcement came after the college said in March that it would stop accepting first-year students in Fall 2021 due to mounting financial challenges.
"Our goal is to combine our two institutions so that, together, we can expand Mills’ core strengths, including advancing student access, women’s leadership, equity, and social justice," Mills College President Elizabeth Hillman said in an emailed statement.
If Mills and Northeastern reach the expected finalized agreement, Mills would become Mills College at Northeastern University.
Current Mills students would also be able to complete their degrees at Mills College at Northeastern University, depending on a student’s degree path and timing of the alliance. They would also have the option to transfer to Northeastern at no additional cost.
The statement also said that a significant number of Mills faculty and staff would be offered opportunities for continued employment either on the Mills campus at Northeastern University or at other Northeastern campuses.
In addition, Northeastern would support the launch of a Mills Institute as a hub for research and advocacy to advance women’s leadership, social justice, and "other causes embedded in the Mills mission."
It was unclear Thursday afternoon when the pending agreement would be finalized to combine the two institutions.