Saint Augustine’s University is proactively steering its course toward financial stability as it approaches a critical accreditation meeting with the Southern Association of Colleges and Schools Commission on Colleges in December. As part of its efforts to enhance fiscal responsibility, the university plans to eliminate several positions this month, affecting both part-time and full-time non-faculty employees and some vacant positions.
“As stewards of this institution, our focus is on its long-term sustainability through shared governance,” said Hadley Evans, Jr., vice-chairman of the Board of Trustees and Chair of the Finance Committee. “While we recognize the seriousness of these financial adjustments, these decisions are essential for safeguarding the future of Saint Augustine’s University and the students we serve.”
Last December, SACSCOC voted to remove SAU from membership after two years of warnings concerning its financial status. Following the denial of their appeal in February, the SACSCOC arbitration committee reversed its decision in July, reinstating SAU’s accreditation but placing it on probation. A team from SACSCOC visited the university last month for a follow-up, and the board will vote on the next steps regarding SAU in December.
“The momentum we are building is promising,” said Interim President Dr. Marcus H. Burgess. “While difficult, we acknowledge the seriousness of our financial challenges, and these measures are crucial for our long-term sustainability. We are committed to transforming SAU into a financially stable institution that prioritizes the success of our students and stakeholders. Our ongoing efforts to stabilize the financial condition of Saint Augustine’s University are now showing tangible results—our community is responding positively, and we are excited about our future. Together, we will work diligently to rebuild our foundation.”
Proactive Steps Towards Accreditation Standards
In a comprehensive strategy to ensure compliance with SACSCOC and secure its accreditation, SAU has reduced expenses by approximately $17 million for fiscal year 2024 compared to fiscal year 2023. The significant reductions involved difficult decisions, including a 41% reduction in full-time faculty, a 67% reduction in adjunct faculty, and a 57% reduction among adjunct faculty. Additionally, the university has discontinued several under-enrolled programs and is actively settling outstanding balances with vendors to restore financial integrity and ensure sustainable operations.
SAU has reported several significant milestones towards enhancing financial stability and demonstrating compliance with accreditation standards, including:
- Completion of four financial audits for fiscal years 2021, 2022, 2023, and 2024.
- Securing a critical agreement with Gothic Ventures to ensure operational continuity for the 2024-2025 academic year.
- Restoration of employee payroll and health insurance benefits.
- Implementing a comprehensive cost optimization strategy alongside a robust financial sustainability plan.
- Strengthening oversight regarding essential financial policies, procedures, and internal controls.
- The dismissal of the SAVE SAU Coalition lawsuit against the board of trustees.
Despite recent challenges, SAU reports support from alumni, with contributions holding steady over the past three years. Additionally, the university has received over 700 enrollment applications for Fall 2025.
