The Legacy Prep School in Charlotte, North Carolina, closed its doors at the end of the holidays, leaving parents and students on their own to find a school.

Legacy Prep was a private school that relied on vouchers from the state.

Parents were stunned.

Yes, 100% caught off-guard,” said Jackie Davis, whose son attends Legacy Prep. 

On Friday, she and other parents whose children were enjoying holiday break, received an email from Stacey Rose, the school’s principal, that told them the school would not re-open on January 7th due to funding issues. 

It is with a heavy heart that I must inform you that Legacy Preparatory will have to close its doors and cease all operations immediately.  As such, we will not reopen for classes on January 7th (or any time thereafter) as originally planned,” Rose wrote in-part.

“It’s a burden,” Davis said. “I’m thinking I’m in a nightmare, in a dream, and I haven’t woke up from it.”

She now has just days to go through the headache of finding her son a new school to attend so he can stay on track. 

“It’s a shock,” she said. “First thing that crossed my mind was what about I going to do with my son.”

The letter that was sent to parents noted that the school could not stay open due to a lack of funding. 

Our main school investor did not deliver on his promise to provide the additional finances needed to accompany the scholarship funds that are required to run the school through June,” Rose wrote in-part. 

Davis said the private school charges $4,200 per student for the year, the cheapest she could find in the Charlotte-area when she looked for schools to send her son. 

She said she doesn’t want to send her son to CMS because she wants to ensure her son gets the one-on-one attention he needs to succeed. 

The principal offered to place them in an online cybercharter, which provides no personal contact at all.

Keung Hui, a reporter for the “News Observer’ tweeted:

Legacy Prep, which abruptly closed Friday, got $283,500 this year from NC for 135 voucher students. The private school is in same building & led by same principal when Charlotte Learning Academy was there before charter was not renewed in spring. #nced

The school was a charter that was not renewed, then a voucher school that failed.

Thats the market: Instability is a feature, not a bug.