Fisk President H. James Williams today announced the school’s accreditation probation lifted by the Southern Association of Colleges and Schools’ Commission on Colleges.
Citing dramatic improvements in the university’s fiscal, service and communications operations, Dr. Williams said in a statement that Fisk is ‘full steam ahead.’
“Today is sort of another ‘Jubilee Day’ for Fisk University. October 6, 1871 was the day our original Jubilee Singers left the campus on a fundraising mission to save Fisk. December 10, 2013 marks the day that Fisk received its reaffirmation without a blemish and enables Fisk to continue the excellent work it has performed for almost 148 years.”
Financial concerns and plummeting enrollment led to the initial one-year probation sanction for Fisk in 2011, and was extended for one year as the school fought in courts for the right to sell a stake in a valuable art collection bequeathed to the university by artist Georgia O’Keefe. The sale of that collection earlier this year netted Fisk about $30 million, and according to officials, helped stabilize finances at the prominent historically Black college.