RALEIGH — St. Augustine's University has canceled the employee furloughs it had planned during the coming week.
Monday through March 15 is students’ spring break, but a regular work week for the university’s employees.
According to a university release, it may be necessary to consider furloughs later. The statement gave no reason for canceling the furloughs, but said President Dianne Boardley Suber “is committed” to dealing with the school’s financial challenges “with the least disruptive actions.”
“Limited resources have never, historically, defined the value of a degree from any of our historically black colleges and universities, and we should not let others do that now,” Suber said in the statement. “This will not be an easy undertaking, but if we all maintain the mission of the University Founders, and embrace the vision of the University's future, we will be stronger for working together.”
The university is facing financial challenges after a $3 million decline in tuition revenue. An audit last month found problems with financial controls.