'Degrassi' Ends Its Run On TeenNick After 14 Seasons, But Is Not Over Yet [UPDATED]

06/04/2015 02:46 pm ET | Updated Jun 05, 2015

UPDATE: Vulture reports that "Degrassi" is not over, the show is only ending its run on TeenNick. According to the website, the Canadian teen drama will reportedly return with new episodes on another U.S. network.

PREVIOUSLY: Graduation day is looming for "Degrassi," which will end its 14-season run on TeenNick in July.

The network announced Thursday that the teen-oriented series will conclude with a two-week final lap.

TeenNick's 12 final episodes will kick off July 20 with an hourlong special, followed by episodes airing weeknights through July 31. An hourlong finale will bring the series to a close.

In those last episodes, the high school's senior class prepares for its prom and graduation as the school year comes to an end.

"Degrassi" is the offshoot of a dramatic Canadian TV franchise reaching back to 1979. The many youth-oriented issues it portrayed include that of a transgender teen. The series won a Peabody Award in 2010 for that.

For now, "Degrassi" airs weeknights at 9 p.m. EDT.

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