Silicon Valley University: Difference between revisions
Changed SVU history description. Tag: Reverted |
|||
| Line 19: | Line 19: | ||
}} |
}} |
||
'''Silicon Valley University''' ('''SVU''') was a private, non-profit [[higher education]]al institution located in [[San Jose, California|San Jose]], [[California]]. The university was [[educational accreditation|accredited]] by the [[Accrediting Council for Independent Colleges and Schools]] (ACICS) at the bachelor's degree and master's degree levels until December 7, 2017. On April 5, 2018, the state regulators of California ordered SVU to close and refund students' money within 45 days.<ref>{{Cite web |last=Pender |first=Kathleen |last2=Asimov |first2=Nanette |date=2018-04-20 |title=Silicon Valley college, called ‘visa mill,’ shut down with millions missing |url=https://www.sfchronicle.com/business/article/Silicon-Valley-college-called-visa-mill-12849677.php |access-date=2022-06-02 |website=San Francisco Chronicle |language=en-US}}</ref> On May 24, 2021, SVU was granted an Approval to Operate for an Institution Non-Accredited by the [[California Bureau for Private Postsecondary Education]] (BPPE) by the State of California.<ref |
'''Silicon Valley University''' ('''SVU''') was a private, non-profit [[higher education]]al institution located in [[San Jose, California|San Jose]], [[California]]. The university was [[educational accreditation|accredited]] by the [[Accrediting Council for Independent Colleges and Schools]] (ACICS) at the bachelor's degree and master's degree levels until December 7, 2017. On April 5, 2018, the state regulators of California ordered SVU to close and refund students' money within 45 days.<ref>{{Cite web |last=Pender |first=Kathleen |last2=Asimov |first2=Nanette |date=2018-04-20 |title=Silicon Valley college, called ‘visa mill,’ shut down with millions missing |url=https://www.sfchronicle.com/business/article/Silicon-Valley-college-called-visa-mill-12849677.php |access-date=2022-06-02 |website=San Francisco Chronicle |language=en-US}}</ref> On May 24, 2021, SVU was granted an Approval to Operate for an Institution Non-Accredited by the [[California Bureau for Private Postsecondary Education]] (BPPE) by the State of California.<ref>{{cite web |title=SVU Approval to Operate |url=https://search-bppe.dca.ca.gov/institutionDetail?schoolCode=42693428 |website=California Bureau for Private Postsecondary Education}}</ref> |
||
==History== |
==History== |
||
Silicon Valley University |
Silicon Valley University was founded in 1997 by Feng-Min "Jerry" Shiao (also spelled "Shao")<ref name=Biz>{{cite news |author=Lauren Hepler |url=https://www.bizjournals.com/sanjose/news/2014/09/04/beyondstanford-silicon-valley-foreign-talent.html |title=Beyond Stanford: Silicon Valley foreign talent pipeline winds through little-known schools |newspaper=Silicon Valley Business Journal |date=September 4, 2014 }}</ref> and Mei Hsin "Seiko" Cheng, a married couple from Taiwan.<ref name=Chron/> Between 2008 and 2014, it had an average of 300 students; in 2015 it relocated to a larger location in an office park and recruitment expanded. That year enrollment increased to more than 3,600; the university reported 3,983 students in 2016, mostly graduate students in computer science and almost all from foreign countries.<ref name=Chron>{{cite news |author1=Kathleen Pender |author2=Nanette Asimov |url=https://www.sfgate.com/business/article/Silicon-Valley-college-called-visa-mill-12849677.php?t=50f2959ebe&f? |title=Silicon Valley college, called 'visa mill,' shut down with millions missing |newspaper=[[San Francisco Chronicle]] |date=April 20, 2018 }}</ref> In a [[Brookings Institution]] study published in 2014, when SVU offered bachelor's, master's, and doctoral studies, it was one of the five institutions in [[Silicon Valley]] enrolling the largest numbers of international students.<ref name=Biz/> Shiao, who served as chairman and president, subsequently fell out with Cheng, who was chief financial officer, and her younger brother Kevin Cheng, the registrar; the couple divorced in 2017, and the university's board removed Shiao as president. Each side has accused the other of financial irregularities: the Chengs have accused Shiao of understating the university's income and of appropriating funds for personal use, while Shiao has accused Cheng of using university funds to buy real estate through a [[limited liability company]] registered in her name, OnPlus, which owns the office building where the university is located.<ref name=Chron/> |
||
Following student complaints, ACICS revoked its accreditation of the university on December 7, 2017, for failure to provide audited financial statements.<ref name=Chron/><ref>{{cite web| title=Revocation of Accreditation - Failure to Submit Audited Financial Statements |url=http://www.acics.org/uploadedFiles/Actions/00019408_SiliconValleyU_WR.pdf |accessdate=2018-03-26}}</ref> On December 27, 2017, the California Bureau for Private Postsecondary Education filed a fifteen-point complaint against SVU, for alleged violations including improper recruitment of students; hearings are scheduled for June 2018. After the ''[[San Francisco Chronicle]]'' notified the agency of the revocation of accreditation, the state notified SVU on April 5 that it must immediately cease operations, formulate a closure plan, and give students a list of institutions where they could enroll and refund their money within 45 days.<ref name=Chron/> |
|||
In December 2016, the administration under Dr. Shiao was unlawfully evicted by the SVU Board of Directors and was forced to leave SVU. From Spring 2017 to 2019, Dr. Shiao contested in court the illegal eviction of the SVU Board of Directors. |
|||
On December 7, 2017, ACICS revoked its accreditation of the university for failure to provide audited financial statements of 2016.<ref>{{cite web| title=Revocation of Accreditation - Failure to Submit Audited Financial Statements |url=http://www.acics.org/uploadedFiles/Actions/00019408_SiliconValleyU_WR.pdf |accessdate=2018-03-26}}</ref> Once SVU lost ACICS accreditation, BPPE revoked SVU’s approval and the Attorney General of California filed a complaint against SVU in December 2017.<ref>{{cite web |title=Silicon Valley University Signed Accusation |url=https://www.bppe.ca.gov/enforcement/actions/silliconvalleyu_signedaccu.pdf |website=California Bureau for Private Postsecondary Education}}</ref> |
|||
In Spring 2019, a settlement was reached between Dr. Shiao and the SVU Board and the administration. In Summer 2019, Dr. Shiao was reinstated as President. In December 2019, SVU applied to BPPE for Approval to Operate for an Institution Not Accredited and SVU received the approval on May 24, 2021. <ref name=appr/> |
|||
==Academic programs == |
==Academic programs == |
||
Revision as of 14:59, 11 March 2023
 | |
| Motto | University Caters To Silicon Valley |
|---|---|
| Type | Private/Not accredited |
| Established | 1997[1] |
| Location | , , 37°24′01″N 121°53′38″W / 37.400276°N 121.893924°W |
| Website | http://www.svuca.org/ |
Silicon Valley University (SVU) was a private, non-profit higher educational institution located in San Jose, California. The university was accredited by the Accrediting Council for Independent Colleges and Schools (ACICS) at the bachelor's degree and master's degree levels until December 7, 2017. On April 5, 2018, the state regulators of California ordered SVU to close and refund students' money within 45 days.[2] On May 24, 2021, SVU was granted an Approval to Operate for an Institution Non-Accredited by the California Bureau for Private Postsecondary Education (BPPE) by the State of California.[3]
History
Silicon Valley University was founded in 1997 by Feng-Min "Jerry" Shiao (also spelled "Shao")[4] and Mei Hsin "Seiko" Cheng, a married couple from Taiwan.[5] Between 2008 and 2014, it had an average of 300 students; in 2015 it relocated to a larger location in an office park and recruitment expanded. That year enrollment increased to more than 3,600; the university reported 3,983 students in 2016, mostly graduate students in computer science and almost all from foreign countries.[5] In a Brookings Institution study published in 2014, when SVU offered bachelor's, master's, and doctoral studies, it was one of the five institutions in Silicon Valley enrolling the largest numbers of international students.[4] Shiao, who served as chairman and president, subsequently fell out with Cheng, who was chief financial officer, and her younger brother Kevin Cheng, the registrar; the couple divorced in 2017, and the university's board removed Shiao as president. Each side has accused the other of financial irregularities: the Chengs have accused Shiao of understating the university's income and of appropriating funds for personal use, while Shiao has accused Cheng of using university funds to buy real estate through a limited liability company registered in her name, OnPlus, which owns the office building where the university is located.[5]
Following student complaints, ACICS revoked its accreditation of the university on December 7, 2017, for failure to provide audited financial statements.[5][6] On December 27, 2017, the California Bureau for Private Postsecondary Education filed a fifteen-point complaint against SVU, for alleged violations including improper recruitment of students; hearings are scheduled for June 2018. After the San Francisco Chronicle notified the agency of the revocation of accreditation, the state notified SVU on April 5 that it must immediately cease operations, formulate a closure plan, and give students a list of institutions where they could enroll and refund their money within 45 days.[5]
Academic programs
Graduate programs
- Master of Science in Computer Science (MSCS)
References
- ^ California Secretary of State: Business Search/Business Entity Detail—"Silicon Valley University"—Entity Number: C2057510; Date Filed: 10/07/1997; Status: Active Archived 2010-04-02 at the Wayback Machine Accessed April 26, 2011
- ^ Pender, Kathleen; Asimov, Nanette (2018-04-20). "Silicon Valley college, called 'visa mill,' shut down with millions missing". San Francisco Chronicle. Retrieved 2022-06-02.
- ^ "SVU Approval to Operate". California Bureau for Private Postsecondary Education.
- ^ a b Lauren Hepler (September 4, 2014). "Beyond Stanford: Silicon Valley foreign talent pipeline winds through little-known schools". Silicon Valley Business Journal.
- ^ a b c d e Kathleen Pender; Nanette Asimov (April 20, 2018). "Silicon Valley college, called 'visa mill,' shut down with millions missing". San Francisco Chronicle.
- ^ "Revocation of Accreditation - Failure to Submit Audited Financial Statements" (PDF). Retrieved 2018-03-26.
External links
 | This article on a California institution of higher education is a stub. You can help Wikipedia by expanding it. |