Saint Paul's College has received a one-year reprieve to fix financial and other troubles that threaten its accreditation.
Citing continuing problems with financial stability and institutional effectiveness, the college's accrediting agency voted Thursday to extend probation for another year.
The action by the board of trustees of the Southern Association of Colleges and Schools Commission on Colleges effectively gives the college a one-year deadline.
Under commission rules, the maximum consecutive time that an institution may be on probation is two years. Loss of accreditation would mean that students attending the college could no longer receive federal loans and grants.
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