{"id":4694,"date":"2026-07-15T18:04:17","date_gmt":"2026-07-15T18:04:17","guid":{"rendered":"https:\/\/durhammovinghub.com\/?p=4694"},"modified":"2026-07-15T18:04:17","modified_gmt":"2026-07-15T18:04:17","slug":"no-accreditation-and-74m-in-debt-heres-what-st-augustines-is-selling-now","status":"publish","type":"post","link":"https:\/\/durhammovinghub.com\/?p=4694","title":{"rendered":"No accreditation and $74M in debt. Here\u2019s what St. Augustine\u2019s is selling now"},"content":{"rendered":"<p class=\"summary\">AI-generated summary reviewed by our newsroom.<\/p>\n<p><a href=\"https:\/\/www.newsobserver.com\/news\/nation-world\/national\/article280707640.html\">Read our AI Policy.<\/a><\/p>\n<p>St. Augustine\u2019s University, the 160-year-old historically Black university in Raleigh, is bankrupt and unaccredited. Despite these dire straits, the school is offering eight fully online programs designed and administered by its faculty this fall.<\/p>\n<p>Read more <a href=\"https:\/\/durhammovinghub.com\/?p=4693\">Raleigh morning show announces 2 co-hosts leaving the station<\/a><\/p>\n<p>Last spring, when the school <a href=\"https:\/\/www.newsobserver.com\/news\/business\/article315559122.html\" rel=\"Follow\" target=\"_blank\">lost accreditation<\/a> after a prolonged legal fight to keep it, four students graduated and the lone remaining student had to transfer and finish their degree elsewhere.<\/p>\n<p>But the university must generate income, the university\u2019s lawyer Ciara Rogers said in court. It has $74 million in debt, and intends to pay back most of its more than 300 creditors. Aside from a few rental properties the school owns, which bring in around $10,000 per month, making money is a struggle. The campus requires upkeep, its remaining faculty and staff must be paid, and hefty bills still come in the mail. The bankruptcy administrator Brian Behr said in court that it feels like the school is just \u201c<a href=\"https:\/\/www.newsobserver.com\/news\/local\/education\/article316327324.html\" rel=\"Follow\" target=\"_blank\">treading water<\/a>.\u201d<\/p>\n<p>So these certificate programs \u201care key to how the university is going to continue, especially if the idea is for the university to not sell off all of its real property assets,\u201d Rogers said. St. Augustine\u2019s sits on a piece of land in Raleigh most recently valued at $200 million. Selling off peripheral parts of campus is very much <a href=\"https:\/\/www.newsobserver.com\/news\/local\/education\/article315728737.html\" rel=\"Follow\" target=\"_blank\">on the table<\/a>, but leaders hope to keep the core of campus intact.<\/p>\n<p>\u201cWe\u2019re not waiting to see how the bankruptcy goes,\u201d Rogers said at a May hearing. \u201cThe university understands that it needs to generate income to be able to have future operations.\u201d<\/p>\n<p>Each of these programs is currently accepting applications and forms indicating interest. Proof of a previous degree is required, whether it be high school or college. The university did not disclose how many students have signed up for the programs so far.<\/p>\n<p>The school planned to spend nearly $100,000 on payroll expenses, $25,000 on marketing, and $22,780 on IT services in its June budget.<\/p>\n<p>Read more <a href=\"https:\/\/durhammovinghub.com\/?p=4692\">Microbial growth on meat, no soap: Worst Triangle restaurant inspections in June<\/a><\/p>\n<p>\u201cThe launch of these programs represents an important step in the university\u2019s continued operational efforts to expand educational opportunities while responding to workforce needs across North Carolina,\u201d a <a href=\"https:\/\/www.st-aug.edu\/sau-expands-workforce-education-through-new-professional-certificate-programs\/\" rel=\"Follow\" target=\"_blank\">statement on St. Augustine\u2019s website<\/a> reads.<\/p>\n<p>St. Augustine\u2019s also has a \u201clongstanding partnership\u201d with Ed2Go, a vendor of continuing education courses.<\/p>\n<p>The school is also selling merchandise on Amazon, it <a href=\"https:\/\/www.st-aug.edu\/sau-merchandise-now-available-on-amazon-generating-revenue-expanding-falcon-pride\/\" rel=\"Follow\" target=\"_blank\">announced<\/a> in late June. Supporters can buy T-shirts, sweaters, stickers, license plate frames, and more.<\/p>\n<p>The city of Raleigh has filed a notice of appearance in St. Augustine\u2019s bankruptcy case. That means the city is \u201cmonitoring [the case] closely,\u201d Robin Deacle, Raleigh\u2019s communications director, told The News &amp; Observer.<\/p>\n<p>The university owes an unknown amount to the city\u2019s public utility authority, and in late June, received a $40,000 bill from the city.<\/p>\n<p>St. Augustine\u2019s will be back in court on July 28.<\/p>\n<p class=\"summary gray\">This story was originally published <span class=\"inline-block\">July 15, 2026 at 7:00 AM<span>.<\/span><\/span><!-- --><\/p>\n<p><b>CORRECTION:<\/b> A previous version of this article misstated how many students had to transfer away from St. Augustine\u2019s.<\/p>\n<p>Read more <a href=\"https:\/\/durhammovinghub.com\/?p=4691\">New call for extras for ABC show filming in NC. Here\u2019s when and the pay<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>St. Augustine\u2019s University in Raleigh is offering eight fully online certificate programs this fall \u2014 from AI to public health \u2014 as it navigates bankruptcy and accreditation loss.<\/p>\n","protected":false},"author":1,"featured_media":76,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-4694","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-read-todays-edition"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>No accreditation and $74M in debt. 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