DOVER, Del.- Wesley College has received the second half of a $2 million grant from Delaware as it deals with declining enrollment and financial difficulties that landed it on a federal watch list.

Delaware's Office of Management and Budget said it has gave the remainder of the grant from the Higher Education Economic Development Investment Fund to Wesley College late last month. This year marked the first time the private college was able to apply for money from that fund.

Wesley President Robert Clark has said the school, like many other similarly-sized private colleges, is struggling with enrollment and revenue issues.

In addition to a number of internal cost-cutting measures, Clark said the college has also partnered with schools like Rowan University to increase enrollment by making it easier for students to earn an initial engineering degree at Wesley and enter into a graduate program at the New Jersey university.

Clark said Wesley is working to finalize or hash out additional agreements with at least two other institutions but would not name them.

Although Wesley's status as a private college does not require it to open up all of its financial records to the public, the university was placed on the U.S. Department of Education's Heightened Cash Monitoring List.

Wesley was placed on the first level of HCM status, meaning it is subject to increased oversight by the federal government.