The troubled Si Tanka University in South Dakota filed for bankruptcy protection on Friday in hopes of protecting its on-reservation campus.

Si Tanka has defaulted on $6.6 million worth of loans and faces a $2 million federal tax lien over financial problems at the off-reservation campus in Huron that has since been closed. Foreclosure proceedings could be initiated.

The Cheyenne River Sioux Tribe has acted to dissolve the Huron campus in order to qualify for federal funds reserved for Native students. Si Tanka's acquisition of the former Huron University caused Native enrollment to drop below 50 percent.

Get the Story:
Si Tanka files for bankruptcy protection (The Rapid City Journal 4/10)

Relevant Links:
Si Tanka University - http://www.sitanka.edu

Related Stories:
Buyers line up for failed Si Tanka University campus (4/6)
Tribe to consider fate of failed Si Tanka University (4/5)
Editorial: Too much missing money at Si Tanka (4/1)
Si Tanka students, faculty empty troubled campus (3/30)
Faculty at troubled Si Tanka University campus quit (3/29)
Si Tanka University loan limited to reservation campus (3/28)
Si Tanka University students, faculty frustrated (3/25)
Tribe finds money to keep Si Tanka University open (3/23)
Si Tanka University to raise $1M to stay open (3/21)
Si Tanka University to discuss future of school (3/18)
BIA puts off decision on Si Tanka University (3/17)
Si Tanka wrapping up discussions with BIA (3/15)
Si Tanka continues effort to secure federal funds (3/14)
Si Tanka University campus to shut down by April 1 (3/11)
Editorial: Closure of Si Tanka campus a 'shame' (3/11)
Si Tanka University assures students of financial aid (3/9)
Tribe, Si Tanka University go to Washington for funds (3/8)
Tribe blasts BIA for lack of Si Tanka University funds (3/7)
Cheyenne River Sioux Tribe acts on Si Tanka plan (3/4)
BIA won't give money to Si Tanka University (3/2)
Editorial: Hard to be optimistic on tribe's college (01/27)
Tribally-controlled university seeks federal funds (01/18)
South Dakota tribe's university hopes to pay off debts (12/17)
South Dakota tribe's college still in limbo (12/10)
South Dakota tribe's college on shaky ground (11/19)
Editorial: Tribe's college should stay open (10/29)
Tribe's college faces uncertain financial future (10/21)
Tribal college camp to immerse students in Lakota (05/24)
S.D. tribe's college undergoing financial woes (7/14)
College seeks $9.5 million in aid from tribe (03/20)