Cheyney University of Pennsylvania, whose future has been clouded by financial problems and a threat of losing its accreditation, has raised $4.4 million from donors and a state grant, leaving it with a surplus for the first time in eight years, The Philadelphia Inquirer reported. Cheyney, a historically black institution that is among the more vulnerable of the 14 members of the Pennsylvania State System of Higher Education, has been under pressure to stabilize its finances to avoid losing its regional accreditation.
https://www.insidehighered.com/quicktakes/2019/08/19/cheyney-facing-accreditation-loss-raises-millions-donors-and-state?mc_cid=09584db53d&mc_eid=879d6835e3
