Last month, it lost its accreditation for financial stability and not providing proper control.
Both companies have filed lawsuits on unpaid bills against St. Augustine Universityaccording to Ural news.
The lawsuits submitted in two weeks, overall more than $ 18 million, come to the university troubled time. Last month, it lost its accreditation with the South Association of Colleges and School Colleges (SacSCOC) to ensure financial stability and proper control. In the late 2022 commission put the university after that Failed to meet Accreditation standards due to significant financial problemsTo be in style Including 32 million dollars and about $ 10 million in IRS tax creditors.
SBA, the wireless company, says that the university has put a contract to start a business only after one year. The company wants the university to pay early termination, plus interest.
It was the SBA’s court case that prompted the IT company to take legal action against St. Augustine University. Avaria’s lawsuit claims that the university has paid all its bills, which so far begin with 2020.
Byron Satrings, a tribunal representing a truck, says the company still provides services to the university, despite the lawsuit.
“It’s a tough line, in particular, when you try to support the university, where you draw that line to support and continue to provide services to your own pocket protection. Saturgy said Ural news. “In our concrete case, the services provided are quite important for the university. It is mainly a lot of IT infrastructure. If they were worse at all that.
Two years after being placed in probation School received Financial support from 50 plus 1 sports, Black Development Company. As Black venture Previously, it was reported that 50 plus 1 sports were ready to invest $ 70 million to university, allowing it to be self-sufficient while holding its land. The agreement has prioritized the debt and invest in university improvements throughout, ensuring that the university will become financially stable.
The commission, however, rejected the deal.
At the same time, the university is fighting for its future and calls for support for the parliament, corporate partners and a broader HBCU community.
Be Contacted for comment from St. Augustine University, but did not hear back.
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