The struggling for-profit Florida Coastal School of Law disclosed Tuesday that it is seeking to become a nonprofit institution, a move that would enable it to affiliate with an existing nonprofit university for some much-needed stability.

Florida Coastal on Friday submitted an application to the American Bar Association for the major change that would mean for-profit InfiLaw Corp. would no longer own the Jacksonville school, which instead would be run by an independent board. The ABA accrediting body could spend six months to a year evaluating such an application. The school did not indicate which nonprofit university it was seeking to affiliate with.