Emory & Henry Off Probation | Roanoke News

Emory & Henry University has officially been lifted off probation by its accreditor after a year of intense financial oversight, marking a major win for the school’s stability and future. Once placed on probation in June 2023 for failing to meet fiscal responsibility standards — specifically around a $7.5 million deficit — the university turned things around by restructuring finances, boosting revenue, cutting costs, and hitting a balanced budget last year. President Lou Fincher confirmed they’re on track to do it again this year, while also committing to enrollment growth and new income streams. The turnaround comes after a period of expansion, including becoming a university in 2024 and moving up in NCAA competition — proving they’re not just surviving, but thriving again. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/5e525c7a2eb2c3c8