The campus in San Angelo is also reported to have closed.
The director of the Wichita Falls campus, Kevin Laukhuf, would not comment on camera and said it is a corporate decision out of his control.
Less than two weeks ago, he said the school was still open and students were continuing their education after the president of the Lubbock-based company pleaded guilty to federal charges that the college is responsible for the theft of nearly a million dollars.
According to federal charges, the college and its president manipulated records to make it look like the campuses were eligible to receive federal student aid when they were not.
Federal officials allege ACC cheated the government out of almost a million dollars from 2007 through 2009.
The Lubbock and Abilene campuses were closed in 2011 and new enrollment at the Wichita Falls, Odessa and San Angelo campuses were put on hold, but resumed about four months later.
Students say they were told there would be help available for them from the Workforce Commission in receiving refunds of tuition and loans.
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