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Close to home, cheaper tuition. Being close to things you are familiar with makes it easier to stay grounded. Along with being close to home, not having to worry about how I'm getting home and having to wait on buses also plays a huge factor. There isn't enough parking, but if you get there early in the morning you have a chance of getting a ticket.
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For such matter I suggest you to contact the Admission Helpdesk of the College of the North Atlantic directly. If you want to get admission in the same program then you are eligible to apply in the next intake.
You have not mentioned the grading scale of GPA. If your GPA is 2.90 on 4.0 scale. Then you will be considered eligible for admission to Diploma in Business Administration in Accounting.