A central Indiana charter school faces closing at the end of this week unless it can raise $250,000 by then.
Leaders of the International School of Columbus told students and parents Monday night that it faces unexpected costs at the school's planned new building, a decline in state funding because of an enrollment drop and poor fundraising results.
The Republic reports the school that opened in 2009 has 116 students in grades 7-12.
School board president Rich Wagner says it made plans to move into a larger building because enrollment was projected to reach 170 students this year.
Wagner says that without enrollment growth the chances of attracting grants and donations were extremely bleak.
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)