The Maroon

BREAKING: Loyola put under financial probation for fiscal year 2019

Photo+credit%3A+Cristian+Orellana
Back to Article
Back to Article

BREAKING: Loyola put under financial probation for fiscal year 2019

Photo credit: Cristian Orellana

Photo credit: Cristian Orellana

Cristian Orellana

Photo credit: Cristian Orellana

Cristian Orellana

Cristian Orellana

Photo credit: Cristian Orellana

Emma Ruby

Hang on for a minute...we're trying to find some more stories you might like.


Email This Story






After a review by the Southern Association of Colleges and Schools Commission on Colleges, Loyola will begin 2019 under financial probation, according to a Dec. 11 email from university president Tania Tetlow.

The financial probation will last for the next year and is part of the ongoing monitoring of the university’s budget.

Financial probation will not change Loyola’s accreditation status as a university and the commission’s decision is based on the university’s past financial performance, according to the email.

The commission approved 96 different measures of academic quality and academic programs, student scholarships and financial aid will not be affected by the probation period, according to Tetlow.

“I have never been more confident about the future of Loyola,” Tetlow said. “We have an outstanding faculty, a 106-year-old history, a $228 million endowment and we have raised over $90 million in our Faith in the Future campaign.”

Despite exams, Tetlow encouraged students to reach out to her with questions whether over email or in person. She will also be available in the One Loyola space in the Danna Center from 12-2 p.m. on Dec. 12. There will also be a hosted webinar on Dec. 13 at 6 p.m. to discuss the probation.

 

Print Friendly, PDF & Email
About the Contributors
Emma Ruby, Breaking News Editor

Emma is a political science freshman from Arlington, Texas. She serves as a staff reporter and leads the breaking news team, and is excited to learn about...

Cristian Orellana, Photo Editor

Cristian Orellana is the Photo Editor. He has a passion for photography, alongside a love of fiction and poetry writing. He hopes to one day publish his...

Leave a Comment

If you want a picture to show with your comment, go get a gravatar.




Navigate Left
  • BREAKING: Loyola put under financial probation for fiscal year 2019

    Academic

    New online class attendance policy goes into effect

  • BREAKING: Loyola put under financial probation for fiscal year 2019

    Academic

    Music therapy makes their voices heard

  • Academic

    Loyola to receive financial monitoring decision Dec. 11

  • BREAKING: Loyola put under financial probation for fiscal year 2019

    Academic

    Spring registration to temporarily close during winter break

  • BREAKING: Loyola put under financial probation for fiscal year 2019

    Academic

    Loyola graduate students explore ways to break the cycle of race and privilege

  • BREAKING: Loyola put under financial probation for fiscal year 2019

    Academic

    New urban and electronic music degree to drop in fall of 2019

  • BREAKING: Loyola put under financial probation for fiscal year 2019

    Academic

    Loyola announces 2019 May term classes

  • BREAKING: Loyola put under financial probation for fiscal year 2019

    Academic

    Women in Louisiana politics share their stories

  • BREAKING: Loyola put under financial probation for fiscal year 2019

    Academic

    A dialogue for peace brings Loyola and international students together

  • BREAKING: Loyola put under financial probation for fiscal year 2019

    Academic

    Priority registration no longer guaranteed for students with disabilities

Navigate Right
Since 1923 • For a greater Loyola
BREAKING: Loyola put under financial probation for fiscal year 2019