St. Augustine’s University is on probation from its accrediting body.
The Southern Association of Colleges and Schools Commission on Colleges took the action this week, citing the university’s finances. A special review team will visit the campus in Raleigh next year.
“I am pleased the University has been given additional time to try to remove the sanction status altogether,” said St. Aug’s President Everett B. Ward in a statement. “Our recent audit reflects a debt reduction of over $1 million, which represents a significant shrinkage of our deficit. This fall we had an increase in freshman enrollment and over the last year we saw an increase in donor giving. Though not out of the woods, we are undoubtedly in a better position today than we were one year ago.”
Probation is a serious sanction for St. Aug’s, one step shy of losing its accreditation altogether. That can be insurmountable for any college because it means the loss of federal funding. St. Aug’s has struggled for years with financial issues and low enrollment.
Trustee chairman Rodney Gaddy issued a statement of support for Ward, saying “we are confident that these issues are being sufficiently addressed.”