SACS accreditation warning lifted at GSU
By: Nikki Henderson
Updated: December 11, 2012
The financial future of Grambling State University is shining bright.
The Southern Association of Colleges and Schools has lifted a six-month warning placed on GSU in late June.
The university was officially notified on Monday night. The news comes a short time after the school received a clean audit by the state of Louisiana.
GSU President Frank Pogue said he was not surprised that the warning was lifted because the university has done all it was supposed to do to restore financial integrity.
The turnaround was lead by Leon Sanders, GSU's vice president for finance and administration, and a core team of his finance office.
Sanders said "We found weaknesses and we repaired those things immediately,". Sanders also said the $1.6 million that legislative auditors reported as lost or missing property was reduced to below $700,000 by mid-summer and the amount continues to be reduced.
In addition, university staff was trained on new fiscal policies and procedures for expense reporting, payroll management and moveable property.
