Tuesday, December 11, 2018

Loyola to receive financial monitoring decision Dec. 11 - Andrew Lang, the Marroon

The Southern Association of Colleges and Schools Commission on Colleges will make a decision on Dec. 11 as to whether or not Loyola will be placed on financial probation and undergo a year of financial monitoring, according to an email sent to faculty and staff by Tania Tetlow, university president. Tetlow expressed confidence with regards to the upcoming decision in the email as well as praised the work that has been done to balance the university’s budget. “We’ve banded together and made difficult decisions, but we did it in a Loyola way – a way that protected our academic and community values and that centered on preserving our mission,” Tetlow wrote. https://www.loyolamaroon.com/10020294/news/loyola-to-receive-financial-monitoring-decision-dec-11/