The Silicon Valley Flex Academy in Santa Clara County, California, recently won a five-year renewal of its contract, from 2016 to 2021, but will not open this fall due to “fiscal unsustainability.”

A Morgan Hill charter school is closing its doors due to a terminated contract and financial troubles, which means almost 250 students will have to enroll in new schools before the start of the academic year, Santa Clara County education officials said Wednesday.

Silicon Valley Flex Academy at 610 Jarvis Drive served 240 students between grades six to 12 and opened in 2011 under a countywide charter, county education officials said.

In November, Santa Clara County’s Board of Education had renewed the academy’s charter for another five years from 2016 to 2021, according to the county office.

On Monday night, the academy’s board told the county the academy would close because of “fiscal unsustainability” after its service provider, K12, cut their contract, county officials said.

Classes for the new school year were set to begin on Aug. 11, according to the school’s website.

The county office is working with the charter school’s board along with Morgan Hill Unified School District and its Superintendent Steve Betando to register the students for the 2016-17 academic year.

If you love disruption, watch the charter industry in California, where schools open and close with frequency, almost as frequently as in Florida.