Loyola University New Orleans placed on probation by accrediting agency - Wilborn P. Nobles III, The Times-Picayune

The Southern Association of Colleges and Schools Commission on Colleges is imposing a one-year period of probation on Loyola University New Orleans “to demonstrate the continued financial health of the university,” according to Loyola’s leadership. The accrediting organization, also known as SACSCOC, made its decision after a review of Loyola’s past financial performance, not its current fiscal year, according to a news release put out Tuesday (Dec. 11) by Loyola University. In a statement, Loyola President Tania Tetlow said the agency placed the university on probation during its review to ensure the campus stays within its “balanced budget this fiscal year.” Tetlow added she is confident Loyola will be able to keep a balanced budget because the university is "almost halfway there already.” https://www.nola.com/education/2018/12/accrediting-agency-places-loyola-university-new-orleans-on-probation.html