By: Susan Snyder – Philadelphia Inquirer
Cheyney University, which has been running a deficit and experienced a 30 percent enrollment drop this year, has been placed on probation by the body that accredits colleges and universities.
The historically black university, on the boundary between Chester and Delaware Counties, has two years to correct financial concerns raised by the Middle States Commission on Higher Education or face losing accreditation.
That loss would mean that the university’s students no longer would be eligible for state or federal financial aid.
Read the full story – Cheyney Lands on Probation for its Finances