HBCU says it is on the road to financial recovery

Saint Augustine’s University leaders say the HBCU is are moving into a new phase of governance and financial planning. The Raleigh HBCU continues to navigate a multi-year crisis tied to declining finances and an ongoing accreditation fight. Saint Augustine’s University said its Board of Trustees—led by chair Sophie Gibson, t—has taken “deliberate actions” to strengthen oversight and set a framework for renewal ahead of the 2026–2027 academic year. HBCU experienced several turbulent years The announcement comes after several turbulent years for Saint Augustine’s University. This including heightened scrutiny from the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC). SACSCOC

The post HBCU says it is on the road to financial recovery appeared first on HBCU News.

Verified by MonsterInsights