A 13th English language school catering for international students has closed in Dublin.
The Carlyle Institute, located on Grafton Street, will not reopen this Monday. It has been closed for the Easter break.
A statement on the institute's website said that they were closing due to "adverse trading conditions".
A liquidator meeting is due to be held on 24 April.
The Irish Council of International Students (ICOS) said around 200 students were notified of the closure by text message yesterday.
Most students are thought to have been paying around €1,500 for their course; however some are believed to have been paying much more.
ICOS Communications Officer Dave Moore told RTÉ News that students are shocked and are concerned about what the future holds.
He said the closure is an all too familiar situation for international students as this is the 13th English language school to close in a 12-month period.
As well as the 200 students at the Carlyle Institute, it is understood there are up to 35 students who had paid advance fees with the college but are not even in the country.
Mr Moore said the money that the 35 students paid was put in a separate account to the general college accounts.
However, because the college has gone into liquidation it was his understanding that the money is not protected, and the students are not "priority creditors" and will not get their money back.
Another English language school closes down pic.twitter.com/4oDvYIV8qf— Conor Hunt (@conorfhunt) April 10, 2015
The ICOS will hold a support and information session for students affected on 14 April.