St. Augustine's University continues to cut costs

Stefanie Botelho's picture
Wednesday, August 13, 2014

St. Augustine’s University will not rehire nearly 70 adjunct faculty for this academic year and will furlough employees a week in December as it continues to cut costs.

Interim President Everett Ward gave a public update of the financial health of the university Monday after his first 100 days in office. He cited a number of moves to improve the financial stability of St. Augustine’s, a historically black college in Raleigh that has been in a struggle for survival.

“We still have miles to go before we sleep,” Ward said, but added: “St. Augustine’s is strong, and her banner flies high.”

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