The financial situation has impinged on the education program. Scheduled payments have been late the past two years.
Probation is the most serious sanction imposed by the accrediting agency.
Liberty President A. Pierre Guillermin believes the school has turned the corner, in large part because of supporters who have bought up debt and forgiven the loans. The December action stemmed from a SACS team reaffirmation visit to the campus in February 1996. In all, SACS found more than three dozen violations by Liberty, including in the areas of academic freedom, faculty compensation, and faculty loads. A SACS team will return to the campus in October to determine how the school has complied with its recommendations.