BIRMINGHAM, Ala.—The board of the Southern Association of Colleges and Schools-Commission on Colleges (SACS-COC) voted Thursday, June 20 to remove Birmingham-Southern College from sanction due to the positive strides the college has made regarding financial stability and resources.
At its meeting in Atlanta, the SACS-COC board removed BSC’s sanction status of “warning.” Earlier this year, a Special Committee appointed by SACS-COC conducted an on-site evaluation of BSC’s compliance with the agency’s Principles of Accreditation, and found that the college had made remarkable strides in a short period. The SACS-COC board reviewed audits, financial statements, and a detailed monitoring report outlining BSC’s return to fiscal security.
“No one could be happier than I am to get word of SACS-COC’s decision, which proves what we already knew—that BSC is on sound financial footing,” BSC President Gen. Charles C. Krulak said Thursday. “We are more than ready to move on and continue building toward the future, because we’re in it for the long haul.”
BSC’s recent fundraising effort brought in close to $16 million in unrestricted funds in the past year; those funds will assist the college in restoring its endowment and buying back debt. At the same time, Krulak said, the college has embarked on a strategic planning process to find ways to continue strengthening the college that Forbes magazine consistently ranks No. 1 in the state of Alabama. That includes building on its existing strengths in experiential education and expanding programs so every student who attends has the opportunity to apply what they learn in the classroom hands-on.
“There has been so much to be proud of in the past year: achievements in and out of the classroom, a renewed partnership with the city of Birmingham, and a remarkable display of support from alumni and friends and the United Methodist Church,” Krulak said. “Now, we’re ready to take what BSC already does best to the next level.”