In a vote, the Saccoc Board of Trustees deleted the University of Santa Augustine “ of membership for not fulfilling the basic requirement 4.1 (characteristics of the Governing Council), the basic requirement 13.1 (financial resources), the basic requirement 13.2 (financial documents), the rule 13.3 (financial responsibility), the standard 13.4 (control of the finances), external) and standard 13.6 (federal and state and state and state of funds) and standard. Responsibilities) of the principles of accreditation ”, according to ABC11.
Holy Augustine said the 90 -day arbitration process will ensure that all students graduate In May 2025 he will obtain his studies from a accredited university.
“We have advanced substantially and we are confident that our financial position and governance strengthen that it will guarantee a positive result,” said the President of the counselor, Brian Bouware, in a Start -up of news. “The Sau is resistant and we are determined in our commitment to academic excellence.”
The University will be able to show financial stability through the arbitration process. He said he got up to $ 70 million in funding, which is expected to close later in March.
“This funding is a change of game,” said Vice President Hadley Evans, according to the statement. “We now have the financial leverage to protect Sau’s legacy, improve academic offers and create sustainable revenue flows through the development of strategic campuses.”
Financing will help eliminate debt, invest in campus improvements and to ensure the future of Saint Agustí, said the university.
“This decision does not define us; our resilience does so,” said interim president, Dr. Marcus H. Burgess. “We urge our alumni and support to keep us with Sau as we strengthen our foundation and make sure that our mission continues for generations.”
The university expects to host students next fall, as well as improving their academic programs, campuses infrastructure and student support initiatives.
“The funds we have assured provide a brilliant future for students who come now and for generations coming,” said Sophie Gibson, according to the statement. “Sau not only remains; We are building a foundation for future Falcons to prospect. “”
According to ABC11, Saint Augustine’s has been on probation with the accreditation agency for not complying with several of its rules. He led the institution to lose his state and have taken several steps to retain.
Saint Augustine first appeared the decision to eliminate his state of accreditation in July 2023 after losing it in December of that same year.
“I hope this rock background is actually a place from which we can jump to advance things,” said ABC11, a university student, Karole Kimble. “I think (we need), the fresh eyes, the fresh ideas, the people who are there for the love of St Augustine’s and their story.”