Monday, September 18, 2006
SAS visit could spell end of LeMoyne-Owen
LeMoyne-Owen College, already on probation by the Southern Association of Colleges and Schools, could face the death penalty pending the results of an accreditation visit next month.
SACS placed LeMoyne on probation for "failure to demonstrate employment of competent faculty members" and the school's "lack of a recent history of financial stability." SACS will return to LeMoyne on Oct. 12 to see if the school has met standards required for accreditation. A final decision about the school's status is expected in December.
School leaders must pay off $7 million worth of debt, and needs to raise $1.9 million to cover the 2006-07 budget. The $1.5 million anonymous donation the school received several months ago was applied toward last year's expenses.
Posted by da rattler at 12:44 PM