CONCORD - Barber-Scotia College, which lost its accreditation two years ago and currently has no students, will partner with St. Augustine's College in a deal that will allow the Raleigh school to use classroom space for an adult-education program.

Under the terms of the deal, St. Augustine's will pay Barber-Scotia for the space for its Gateway degree program starting this fall. Leaders fighting to save the 139-year-old historically black college near Charlotte also announced other plans this week for its revival.

"We are in our rebirth," said Thomas Robinson, a Barber-Scotia graduate and chairman of the board of trustees.

Barber-Scotia hopes to raise $100,000 at reunion events on campus this weekend. The school has received a $10,000 check from Allstate Insurance Co., and an alumni organization is asking each graduate to donate $1,867 -- the figure is the same as the year of the school's founding.

Volunteer acting president Mable Parker McLean said the college plans to return with a four-year liberal arts program in the future.

"Barber-Scotia, over 139 years, has never been a liability. It has always been an asset," she said.

The school lost its accreditation with the Southern Association of Colleges and Schools in 2004, after McLean said adult-education students were awarded diplomas without completing all requirements. The school also has a $1 million debt.