A Solomon Schechter day school in New Jersey shut down three weeks before classes were due to begin.

The Solomon Schechter School of the Raritan Valley in East Brunswick announced in an email to parents on Aug. 7 that the school would not reopen for financial reasons, the Forward reported.

“Unfortunately, I have to confirm what is, for all of us, the worst possible news for our school,” said the email, sent from the head of school. “Based on our current financial situation, the Board has voted to begin the process of closing down the school, effective immediately.”

Enrollment at the school, which served students from kindergarten to eighth grade, had dropped to 120 last year from a peak of 300 students. At the final parents meeting, according to the Forward, only 40 children were still enrolled.