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The Boston Globe

Metro

Urban College covers $250,000 shortfall

The Urban College of Boston will welcome students for the fall semester, school officials announced Monday, assuaging fears, for now, that the two-year school that serves mostly low-income and immigrant women would close amid financial difficulties.

School officials announced Monday that the institution, located on Tremont Street, has ­received enough donations and pledges from several individuals and foundations to cover its $250,000 budget shortfall. The college said the donors wish to remain anonymous.

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