Teach-Out Degree Completion for LFGSM Students

Finish Your Graduate Degree Online at The University of Olivet

The announcement that Lake Forest Graduate School of Management is closing understandably raises important questions about what comes next. We recognize the time, effort, and trust you invested in your education—and the uncertainty this transition may bring.

LFGSM and The University of Olivet have partnered to provide a clear, supportive, and responsible path forward. As LFGSM’s preferred teach-out partner, Olivet is prepared to help eligible students continue their studies, apply previously earned credits, and complete their degrees without starting over. This pathway is designed to support continuity, minimize disruption, and maintain your progress—without an increase in time to completion or out-of-pocket costs, consistent with approved teach-out agreements and applicable academic policies.

A Preferred Teach-Out Partner You Can Trust

The University of Olivet has a long history of supporting adult learners, working professionals, transfer students, and degree-completion pathways. Our goal is simple: to help you finish what you started.

Through this partnership, we are committed to:

  • Protecting the academic progress you have already earned
  • Providing clear information about credits, timelines, and costs
  • Ensuring continuity of instruction and student support
  • Meeting all accreditation, regulatory, and academic standards

This teach-out pathway will minimize disruption and provide stability during this time of transition—so you can move forward with confidence.

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Important Information

Eligible Graduate Programs

Eligible LFGSM students may transfer into one of the following programs at The University of Olivet:

  • Master of Business Administration (MBA)
  • Master of Arts in Leadership (MAL)

Both programs are designed for working professionals and emphasize applied leadership, strategic decision-making, and career-relevant skills that translate directly to today’s workplace

Credit Transfer & Individualized Degree Completion Plans

One of the most critical questions students ask is whether their credits will transfer. At Olivet, we prioritize transparency and individualized planning.

  • Credits listed on your official LFGSM transcript are accepted as transferable graduate credit, guided by an approved Academic Crosswalk.
  • Each eligible student receives a personalized degree completion plan, outlining:
    • Remaining course requirements
    • Estimated timeline to degree completion
    • Tuition and fee expectations

Flexible Online Learning Options

Coursework in both the MBA and MAL is online with optional synchronous sessions. This modality gives students the flexibility they need while offering personal connections that can help them thrive.

These formats are designed to support:

  • Full-time working professionals
  • Adult learners balancing family and career responsibilities
  • Students seeking minimal interruption to their academic progress

You’ll benefit from the convenience of online learning, paired with the personalized support Olivet is known for.

Streamlined Admission & Student Support

Eligible students in good academic standing benefit from a simplified admission process designed to remove unnecessary barriers and keep you moving forward.:

  • No application fee
  • No enrollment or deposit fee
  • Personalized academic advising
  • Access to student support services, including registration and degree planning assistance

Our focus is on making the transition as smooth as possible—and helping you reach the finish line.

Tuition Protection & Cost Transparency

Financial clarity is a critical part of any teach-out process.

While standard Olivet tuition and fees apply, eligible students will not experience a material increase in net out-of-pocket cost per term, consistent with the approved teach-out agreement.

  • Your individualized cost calculation will be provided in writing before enrollment.
  • Tuition expectations are transparent and clearly communicated.
  • No unexpected increases related to the teach-out transition

Records, Privacy, and Coordinated Communication

Your academic history and personal information remain protected throughout the transition.

  • LFGSM remains the custodian of academic records and transcripts
  • Both institutions coordinate communications to ensure clarity and consistency.
  • All processes comply with FERPA and applicable privacy laws.

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Take the Next Step—With Support at Every Stage

As an LFGSM student, you’ve already invested significant time and effort toward your degree. While your program is coming to a close, you don’t have to navigate what comes next on your own.

The University of Olivet’s dedicated teach-out team is here to support and guide you every step of the way—from reviewing your completed coursework to mapping out your remaining classes and answering questions about timing, cost, and next steps.

  • Connect with a teach-out advisor who understands LFGSM programs.
  • Receive your personalized degree completion plan.
  • Continue your path to graduation with a clear, supported plan.

You’ve done the work. We’re here to help you finish.

We understand how unsettling this moment can feel, and students shouldn’t have to navigate it alone. At The University of Olivet, education is personal, and our priority is helping you move forward with confidence—by supporting a smooth transition, preserving your credits, and surrounding you with a community that truly cares about your success. This isn’t the end of your academic journey; it’s a turning point, and we’d be honored to help you take the next step.”

Dan Shadik
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Director of Graduate and Online Admissions
Dan Shadik
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Director of Graduate and Online Admissions

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