RALEIGH, N.C. (WNCN) – Saint Augustine’s University plans to cut 50% of its employees as administrators work to get into fiscal compliance, the university announced Saturday.
This announcement comes as SAU leaders continue their efforts to secure the university’s accreditation before a meeting with the Southern Association of Colleges and Schools Commission in December.
According to a news release, the university has reduced its expenses by approximately $17 million this fiscal year compared to 2023.
The cuts include 67 staff positions, 37 full-time faculty positions and 32 adjunct faculty positions. SAU also discontinued several under-enrolled programs.
“As stewards of this institution, our focus is on its long-term sustainability through shared governance,” said Hadley Evans, Jr., the vice-chairman of the SAU Board of Trustees and chair of the finance committee. “While we recognize the seriousness of these financial adjustments, these decisions are essential for safeguarding the future of Saint Augustine’s University and the students we serve.”
“The momentum we are building is promising. While difficult, we acknowledge the seriousness of our financial challenges, and these measures are crucial for our long-term sustainability,” said interim SAU President Dr. Marcus Burgess. “We are committed to transforming SAU into a financially stable institution that prioritizes the success of our students and stakeholders. Our ongoing efforts to stabilize the financial condition of Saint Augustine’s University are now showing tangible results—our community is responding positively, and we are excited about our future. Together, we will work diligently to rebuild our foundation.”
“The steps we take today symbolize our dedication to a financially secure future,” said Mark Yates, vice president for business and administration. “By addressing our challenges head-on, we are not just complying with accreditation standards; we are laying the groundwork for a resilient institution that prioritizes the needs of our community.”
As SAU looks ahead, university leaders said they remain devoted to fiscal responsibility, academic excellence and service to their community while working diligently toward a successful accreditation review.
