An accreditation agency has officially taken Salem Academy and College off probation.
The Southern Association of Colleges and Schools Commission on Colleges put the Winston-Salem school on probation in June of 2018. At the time, Salem was finishing a third straight fiscal year running a deficit, and enrollment was on a downward trajectory.
The college remained accredited but was told it needed to fulfill four standards proving financial stability.
Salem announced in a press release on Tuesday it was now fully compliant with all standards, with the most recent financial report showing a fiscal surplus.
Salem College president Sandra Doran says that in addition to efforts resulting in positive financial gains and increased enrollment, Salem presented the commission with a plan for maintaining fiscal stability.
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