Accrediting organization lifts Alderson Broaddus University probation

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PHILIPPI, W.Va. (AP) - An organization that accredits institutions of higher learning has removed Alderson Broaddus University from probation.

According to a report in the The State Journal, the school received the notification from the Higher Learning Commission last week.

The school remains on notice because of its financial problems.

Alderson Broaddus, located in Philippi in Barbour County, was put on probation in 2017 because of its poor financial status. The private institution defaulted two years prior on a series of long-term bonds that totaled more than $36 million.

The commission said the school has improved with the hire of a new financial adviser and securing a near $28 million loan from the U.S. Department of Agriculture.

The notice has little effect on students.

The school has until October of 2020 to prove to the commission that it has addressed issues.