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The university said it will remain open and is pursuing an "arbitration process."
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The private HBCU has $32 million in debt, an ongoing battle with the IRS, and an upcoming appeal hearing to maintain its accreditation.
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The private HBCU signed a multimillion-dollar loan agreement in a last-ditch effort to save the university. Saint Augustine's faces severe financial problems and is fighting to maintain its accreditation.
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The private HBCU had been on probation for two years after failing several of its accrediting agency’s financial standards.
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The eliminations include faculty, staff and adjunct positions. The private HBCU has faced several financial challenges this year amid a fight to retain its accreditation.
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A coalition of alumni, community members, and local clergy are protesting a multimillion-dollar loan agreement signed by Saint Augustine’s University. The group claims the loan is “predatory” and a threat to the private HBCU’s 157-year legacy.
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Students from the two private HBCUs will participate in a 15-month intensive program to study otolaryngology and communication sciences.
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SAU’s accrediting agency voted to revoke its accreditation in December after the university failed to meet several financial criteria.
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The CIAA football championship will be played at Durham County Memorial Stadium for three consecutive years, from 2025 through 2027. It's the latest building block for the Durham Sports Commission in its goal to make the Bull City into a “championship hub” for sports.
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Accreditation and financial problems at Saint Augustine’s University have led to the dissolution of a 10-year partnership with the Wake County Public School System.