"The former Huron University was purchased in 2001 by Si Tanka University, a tribal college of the Cheyenne River Sioux Tribe. Persistent financial troubles, including counting on federal money that wasn't due them, caused Si Tanka to close and file for bankruptcy.
Faculty and staff hadn't been paid, and students were left in the lurch when the campus shut down before the semester was over. Federal student loans that were supposed to go through Si Tanka to students had not made their final destination.
But the bankruptcy papers show that the actions taken at Si Tanka inflicted damage well beyond faculty, staff and students."
Get the Story:
Editorial: Si Tanka bankruptcy hurt more than faculty, students
(The Madison Daily Leader 5/12)
Relevant Links:
Si Tanka University - http://www.sitanka.edu
Related Stories:
Si Tanka University files for bankruptcy in
court (5/11)
Graduation announced
for Si Tanka University (04/21)
Si Tanka
University files bankruptcy papers (04/11)
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)
Editorial: Si Tanka bankruptcy hurts businesses
Friday, May 13, 2005
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