The improperly-created satellite campus N.C. Central University ran for four years at a suburban megachurch run by a campus trustee will cost the university more than $1.1 million.
That's how much the university has agreed to repay the federal government for improperly distributed loan funds.
During UNC system governance board meetings Thursday and Friday, UNC system President Erskine Bowles gave blistering status reports on his investigation into the saga surrounding N.C. Central University and its unauthorized satellite campus in Lithonia, Ga.
It is jarring to realize that NCCU is on the hook for the federal financial aid money it distributed to students in the program. Bowles is clearly not happy with the situation. I've posted some of his comments in other forums, but here is a transcript of exactly what he said Friday morning during a full board meeting of the UNC system's Board of Governors.
He did not mince words.
As you may have read in Sunday's News & Observer, NCCU recently folded an unauthorized collection of degree programs it was operating at a megachurch in suburban Georgia whose pastor is a university trustee.
Students who earned degrees through the program may not have got what they thought they were getting. NCCU officials haven't said a lot on the issue, but did release this statement Monday:
