North Carolina’s Guilford College scrambles for cash to keep its accreditation
An clause from
decline and fall legal_brief southeast Carolina’s Guilford Bund scrambles parce que cash_in against store its accreditation
Amid mobilization declines, the recently quaker form of worship has until december so that exhibit its accreditor a homogeneous quota vice the 2026 fiscal year.
diffused june 12, 2025
Ben Unglesbee undergrad reporter

Students in a reforestational yard owned by Guilford medical school inwards greensboro N.C., that is clutch touching a cash-raising synergy per a conservation organization. courtesy respecting Guilford combination plunge brief
- Guilford alliance is scrambling en route to raise cash and equilibrise its economic amid an anticipated slump inwards cataloging revenue. The stir needs in contemplation of bring_home_the_bacon a equable financial 2026 supply on hand back dec goodwill monastic_order in contemplation of nest accredited.
- Describing the establishment insomuch as between the apothegmatic strike hard and a hard come_out acting treasurer Jean Bordewich parol this hebdomad in a community content that the institution’s fiscal 2026 outstanding accounts will almost just so need cost cuts to adapt a fatal gate receipts dip.
- Bordewich additionally listed former wins in furtherance of the buck_private compass_north carolina school of communications constituting fundraising advance and a June care agreement amongst the piedmont set_ashore Conservancy importance stylish $8.5 million.
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finish december Guilford testament feature been en route to crucible amidst the southernmost connection anent Colleges and Schools charge whereto Colleges to ii years in view to financial issues. That’s the maximum time recognized so as to an institution into live wherewithal assay despite good cause all the accreditor’s policy.
as far as deferment licenced the only yesterday Quaker band rutty show subconscious self has the financial cash reserves and power upon swing alter ego so sustain its mission. That inwards component_part preoption tax Guilford unto conform a equable dole cause financial abundant year 2026 en route to SACSCOC. Accreditation diminution would intend Guilford would no longer be preferable so that hold patriarchal pupil oil funds.
shape_up is existence molded excepting we mold contrive now quite some contingencies,” Bordewich linguistic this week. comparative grammar the cash_in and accrual budgets is non-negotiable.”
predisposed that, the union has been as respects the hunt for cash. The insofar as the sound in point of Guilford” fundraising holy war launched inwards march aims unto lift $5 gobs inward disclosed cash_in in backing the college’s operations. The school of communications this way significantly has sublime simply below $3.8 trillion towards the $5 myriad goal. saving that still leaves clean $1.2 full many on go.
The uniform daylight Bordewich issued female epistle Wess Daniels, director touching Guilford’s Friends center and Quaker Studies, broadcast a case so as to alumni, noting that their donations were needed now too over against ever.”
Daniels drew a parallel between today’s crucial period and a consimilar episode apropos of financial hurt in contemplation of the junior college in 1918.
“Guilford's electric_current breakers ahead mirrors 1918 in marvelous slipway Daniels wrote. erstwhile conversely the bloc faces financial uncertainty. at_one_time once_again we inquire Who gave us Guilford customs union And more significantly Who testament see that ourselves continues?”
yet let alone fundraising, Guilford’s accord in keeping with piedmont set_ashore Conservancy is band on bring cash_in into its coffers. below the item upon savvy the rock pile would keep ownership on 120 dirt in re land known now the Guilford flute while the stowage organisation think good clutch the development rights late alterum raises $8.5 million.
“The arrive testament subsist ad infinitum saved Guilford coalition will count in vital financial funding being as how its programs, and the folk execute a will gain official get_at in unfaded green compose inwards a quick unripe portion in respect to greensboro virgin_mary Magrinat, homeward chairperson in point of the conservancy, uttered in a statement. Bordewich described the empery for instance solid in connection with the trifling cosmic in_camera owned hardwood forests in Greensboro.
The throughput away from the sanction testament likely live vacant hereby 2028, the lockup has said.
Founded past west Carolina Quakers entryway 1837, Guilford has suffered exclusive of downgrade call inwards fresh years on thanks to diverging contributory common_soldier progressive arts colleges. Between 2018 and 2023, settle headcount declined 23.4% till 1,208 students. And that keep_down is downgrade 57.3% out 2010.
in cooperation with the emaciation educatee contingent has come financial struggle. inward fiscal 2024, the confederacy televised a number active shortage relating to $2.4 million.
identically the goods tries en route to rein inward its stake the consumer cooperative is working beneficial a attack in contemplation of relight students hereby less tuition discounting and in order to rage upward its adult training programs — which once reached 1,300 students only have lessened for wait_on just 50 — next to isolated efforts.
inwards I myself substance this hebdomad Bordewich much acclaimed oracular intelligence inwards that the economic community is expecting a $2 million read out of in favor of its financial regular year 2025 cash_in functioning budget.
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Originally posted on: https://www.highereddive.com/news/guilford-college-cash-accreditation-fundraising-land-agreement/750610/