A small group of public and private Indiana colleges say they'll waive fees and evaluate credits earned by former ITT Tech students to help them finish degrees or transfer to another program.

The Carmel-based company that operates ITT Technical Institute announced Tuesday that all of their campuses will close, following a set of crippling federal sanctions.

The Carmel-based for-profit college chain said in a statement Tuesday that it is ending academic operations at all of its campuses across 38 states.

The for-profit schools are under fire from the State Board of Nursing for their graduates' lackluster performance on license exams.