A group of Presbyterian businessmen purchased the school in 1938, and the following year it came under the financial support of the Trustees of the Presbyterian Church of Australia. Subsequently, the school's name was changed to its current form, The Presbyterian Ladies' College, Armidale. In 1945, of land on North Hill were purchased, and following a fund raising campaign, the foundation stone of the new school buildings was laid in 1960. Since then, several building programmes have extended the facilities to their present form.