Remove Student: Keep Shared Project Link

My students have just shared their Dioramas with their families in a class newsletter. I want to keep those links active, but I need to remove these students from the license and add my next students. Is it possible to do this without losing the active link to those projects?

I read in another post that I can make a copy of a student’s project and add it to my cospaces before removing the students to keep their projects; however, that would change the share link. Also…is this still the only way to keep students’ work when you remove them from the license?