DECATUR, GA (WXIA) -- A local technical college has shut its doors with no warning. Now students are left wondering how to complete their studies, and how much it will cost.

Laurus Technical Institute has close to 300 students at three locations – in Decatur, Jonesboro and West Atlanta.

All three were shut down Monday because the owner ran into financial problems.

"I'm pretty teed off right now, to put it politely," said student Robert Brown.

He has spent the past seven months studying to become a heating and air technician.

"We had two months left," he said.

He arrived at Laurus Monday morning, only to find it closed with a sign on the door, but no one present to answer questions.

"This is how we are informed, by a sheet of paper on the door," Brown said. "It's very unprofessional."

"Pretty devastated at this moment, trying to figure out how to get my diploma," said "Deborah Millin.

Students studying medical billing, welding and other technical skills only got the news on Monday morning. Last Friday, the staff got an email from the school's CEO, Terry Hess, saying he would be closing the school Monday because he could not get the financing to continue.

For-profit technical schools are regulated by the Georgia Non-Profit Post Secondary Education Commission.

A spokesperson said the commission will work with students to place them in other technical colleges at no further expense.

State regulators also say they will make sure those who have earned diplomas will get them.

11Alive News attempted to contact Hess on Monday, but he did not return calls.