Skip to content
ADVERTISEMENT
Sign In
  • Sections
    • News
    • Advice
    • The Review
  • Topics
    • Data
    • Diversity, Equity, & Inclusion
    • Finance & Operations
    • International
    • Leadership & Governance
    • Teaching & Learning
    • Scholarship & Research
    • Student Success
    • Technology
    • Transitions
    • The Workplace
  • Magazine
    • Current Issue
    • Special Issues
    • Podcast: College Matters from The Chronicle
  • Newsletters
  • Events
    • Virtual Events
    • Chronicle On-The-Road
    • Professional Development
  • Ask Chron
  • Store
    • Featured Products
    • Reports
    • Data
    • Collections
    • Back Issues
  • Jobs
    • Find a Job
    • Post a Job
    • Professional Development
    • Career Resources
    • Virtual Career Fair
  • More
  • Sections
    • News
    • Advice
    • The Review
  • Topics
    • Data
    • Diversity, Equity, & Inclusion
    • Finance & Operations
    • International
    • Leadership & Governance
    • Teaching & Learning
    • Scholarship & Research
    • Student Success
    • Technology
    • Transitions
    • The Workplace
  • Magazine
    • Current Issue
    • Special Issues
    • Podcast: College Matters from The Chronicle
  • Newsletters
  • Events
    • Virtual Events
    • Chronicle On-The-Road
    • Professional Development
  • Ask Chron
  • Store
    • Featured Products
    • Reports
    • Data
    • Collections
    • Back Issues
  • Jobs
    • Find a Job
    • Post a Job
    • Professional Development
    • Career Resources
    • Virtual Career Fair
    Upcoming Events:
    College Advising
    Serving Higher Ed
    Chronicle Festival 2025
Sign In
Holding On

On the Fiscal Brink, Saint Augustine’s University Buys Time

By J. Brian Charles July 22, 2024
Composite image pairing a photo of St. Augustine's College with a financial line chart and money.
Illustration by The Chronicle; SAUFalconsWiki

What’s New

Saint Augustine’s University successfully argued for the restoration of its membership in the Southern Association of Colleges and Schools Commission on Colleges, buying the small historically Black university in Raleigh, N.C., additional time to prove its fiscal health.

The university has a history of shoddy record-keeping practices, according to SACSCOC, and was stripped of its membership in December 2023. Losing its membership is the first move toward losing its accreditation, which would block the university from access to federal financial aid for students.

To continue reading for FREE, please sign in.

Sign In

Or subscribe now to read with unlimited access for as low as $10/month.

Don’t have an account? Sign up now.

A free account provides you access to a limited number of free articles each month, plus newsletters, job postings, salary data, and exclusive store discounts.

Sign Up

What’s New

Saint Augustine’s University successfully argued for the restoration of its membership in the Southern Association of Colleges and Schools Commission on Colleges, buying the small historically Black university in Raleigh, N.C., additional time to prove its fiscal health.

The university has a history of shoddy record-keeping practices, according to SACSCOC, and was stripped of its membership in December 2023. Losing its membership is the first move toward losing its accreditation, which would block the university from access to federal financial aid for students.

But after months of appeals, hearings, and a review by the SACSCOC arbitration committee, the accreditation organization decided to grant the university more time to prove its fiscal health.

“This reinstatement acknowledges SAU’s relentless dedication to upholding academic standards and ensuring a thriving educational environment for our students,” said Marcus H. Burgess, Saint Augustine’s interim president, in a statement Monday. “We are resolute in our mission to overcome challenges and emerge stronger than ever.”

Background

The university has been in a fiscal crisis since the first time it was placed on probation by SACSCOC, in 2016, for “financial instability.” Its enrollment dropped from 1,500 students in 2010 to fewer than 1,000 by 2016. Since then, the university has struggled to maintain enrollment above 1,000 students.

The university had been cited for poor accounting practices by SACSCOC, a finding confirmed by an audit called for by Saint Augustine’s Board of Trustees in 2020. The audit found that the university didn’t keep accurate and up-to-date accounting records, failed to submit Pell Grant and direct student-loan data on time, and neglected to properly account for hours worked and wages earned in the federal work-study program.

These failures have led to a constant churn of leadership at Saint Augustine’s. In 2020, the university brought in Irving Pressley McPhail to shore up its finances and build back enrollment. But McPhail died suddenly in October, due to complications of Covid-19. His wife, Christine Johnson McPhail, was appointed president in February 2021 and was given the task of guiding the university through financial turmoil. But her term was cut short in 2023 when Saint Augustine’s found itself back on probation and in danger of losing accreditation altogether.

The financial crisis grew so dire that this past spring the university didn’t pay its employees, prompting an investigation by the U.S. Department of Labor.

The university also became part of another dispute as a group of alumni, joined by former trustees John Larkins and Henry Debnam, filed a lawsuit in May to unseat the current board over fiscal mismanagement. Saint Augustine’s University did not respond to requests for comment.

What’s Next

Saint Augustine’s University has until December to prove itself fiscally sound enough to rejoin the SACSCOC, a move that will insure its accreditation going forward. The university has to navigate a meticulous gauntlet of oversight checks by the accrediting agency in the coming months. It will first submit a monitoring report to SACSCOC, showing the agency that it has improved its record keeping and has shored up its finances since December 2023.

SACSCOC will conduct a site visit to review the university’s financial operations. And finally in December, the SACSCOC board will decide whether to end the probation period and restore Saint Augustine’s to full membership in the accrediting agency.

We welcome your thoughts and questions about this article. Please email the editors or submit a letter for publication.
Tags
Finance & Operations Minority-Serving Institutions
Share
  • Twitter
  • LinkedIn
  • Facebook
  • Email
J-Brian-Charles-staff.png
About the Author
J. Brian Charles
J. Brian Charles, a senior reporter at The Chronicle, covers the intersection of race and higher education.
ADVERTISEMENT
ADVERTISEMENT

More News

Protesters attend a demonstration in support of Palestinian activist Mahmoud Khalil, March 10, 2025, in New York.
First Amendment Rights
Noncitizen Professors Testify About Chilling Effect of Others’ Detentions
Photo-based illustration of a rock preciously suspended by a rope over three beakers.
Broken Promise
U.S. Policy Made America’s Research Engine the Envy of the World. One President Could End That.
Wednesday, June 11, 2025 Tucson, Arizona—Doctor Andrew Capaldi poses for a portrait at his lab at the University of Arizona in Tucson, Arizona on Wednesday, June 11, 2025. CREDIT: Ash Ponders for Chronicle
Capaldi Lab—
Research Expenses
What Does It Cost to Run a Lab?
Research illustration Microscope
Dreams Deferred
How Trump’s Cuts to Science Funding Are Derailing Young Scholars’ Careers

From The Review

University of Virginia President Jim Ryan keeps his emotions in check during a news conference, Monday, Nov. 14, 2022 in Charlottesville. Va. Authorities say three people have been killed and two others were wounded in a shooting at the University of Virginia and a student is in custody. (AP Photo/Steve Helber)
The Review | Opinion
Jim Ryan’s Resignation Is a Warning
By Robert Zaretsky
Photo-based illustration depicting a close-up image of a mouth of a young woman with the letter A over the lips and grades in the background
The Review | Opinion
When Students Want You to Change Their Grades
By James K. Beggan
Photo-based illustration of a student and a professor, each occupying a red circle in a landscape of scribbles.
The Review | Opinion
Meet Students Where They Are? Maybe Not.
By Mark Horowitz

Upcoming Events

Chronfest25_Virtual-Events_Page_862x574.png
Chronicle Festival: Innovation Amid Uncertainty
07-16-Advising-InsideTrack - forum assets v1_Plain.png
The Evolving Work of College Advising
Lead With Insight
  • Explore Content
    • Latest News
    • Newsletters
    • Letters
    • Free Reports and Guides
    • Professional Development
    • Events
    • Chronicle Store
    • Chronicle Intelligence
    • Jobs in Higher Education
    • Post a Job
  • Know The Chronicle
    • About Us
    • Vision, Mission, Values
    • DEI at The Chronicle
    • Write for Us
    • Work at The Chronicle
    • Our Reporting Process
    • Advertise With Us
    • Brand Studio
    • Accessibility Statement
  • Account and Access
    • Manage Your Account
    • Manage Newsletters
    • Individual Subscriptions
    • Group and Institutional Access
    • Subscription & Account FAQ
  • Get Support
    • Contact Us
    • Reprints & Permissions
    • User Agreement
    • Terms and Conditions
    • Privacy Policy
    • California Privacy Policy
    • Do Not Sell My Personal Information
1255 23rd Street, N.W. Washington, D.C. 20037
© 2025 The Chronicle of Higher Education
The Chronicle of Higher Education is academe’s most trusted resource for independent journalism, career development, and forward-looking intelligence. Our readers lead, teach, learn, and innovate with insights from The Chronicle.
Follow Us
  • twitter
  • instagram
  • youtube
  • facebook
  • linkedin