Univ. of Phoenix closing Madison campus - WKOW 27: Madison, WI Breaking News, Weather and Sports

MADISON (WKOW) -- The University of Phoenix is closing its campus in Madison.

It's part of a larger closure by the university and its parent company, Apollo Group Inc. The company is closing 115 locations across the country, including 25 main campuses and 90 smaller satellite learning centers. That includes the Madison campus and a campus in Brookfield.

It'll affect about 150 students in Madison and 13,000 students nationwide.

A spokesman for university says roughly 10 staff members in Wisconsin will be impacted. He said they will be given severance packages and will have the opportunity to apply for other positions within the university.

University of Phoenix President Bill Pepicello says students will be given the option of transferring to online programs or taking classes at other sites. If no other center is nearby, the company will continue courses at other space near the closed facility until students complete their degrees.

The university is in the process of notifying students. Students who are looking for more information can call 866-992-3302.

Apollo Group said it has been hurt by higher costs and declining enrollment at the University of Phoenix.