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WOODSTOCK - Woodstock Academy will use a $15 million federal loan to buy the 127-acre Hyde School campus, the academy said Monday in a statement.
A community facilities loan through the U.S. Department of Agriculture’s rural development program has been secured for purchase of the nearby Hyde School, a private boarding school. The additional classrooms, faculty, administrative space, gymnasium and student spaces will “accommodate the thriving educational institution and provide for future growth,” Woodstock Academy said.
U.S. Rep. Joseph Courtney, D-Vernon, and Scott J. Soares, southern New England director of the USDA rural development program, will present Woodstock Academy Headmaster Christopher Sandford with a check confirming the funding Wednesday morning at Woodstock Academy.
The academy’s board of trustees agreed in October to acquire the Hyde School campus, with Mr. Sanford at the time stating it is “a monumental step forward for our entire academy community, and will greatly enhance every aspect of the experience we offer our students.”
Woodstock Academy, a public school, has 1,055 students and 90 faculty members. Most of its students are “day students” who come from Woodstock, Pomfret, Eastford, Brooklyn, Canterbury and Union.
The Hyde School said in October when the Connecticut sale agreement was announced that it would consolidate its two campuses at the campus in Bath, Maine, and that its Connecticut students would complete the 2016-17 school year in Woodstock.
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