(Raleigh, NC) Saint Augustine’s University (SAU) officials announced today that it will not move forward with the proposed acquisition of Saint Paul’s College in Lawrenceville, VA. On November 20, 2012 the University made the announcement that it was exploring the option of acquiring Saint Paul’s College as it struggled to maintain its accreditation. Founded in 1888, Saint Paul's College is one of three historically black colleges founded by the Episcopal Church. Saint Augustine's University and Voorhees College in Denmark, South Carolina are the other two institutions. After careful due diligence and much deliberation, Saint Augustine’s University has decided that to pursue the acquisition is not a fiscally responsible option.
At the request of Saint Paul’s College officials, the Saint Augustine’s University Board of Trustees will allow Saint Paul’s to present a plan to the Saint Augustine’s University Board by May 31, 2013 in hopes of reversing this decision.
“This was a very difficult decision to make. We explored several options to in an effort to make the acquisition viable for Saint Augustine's University. However, after completing our due diligence, we concluded that the acquisition of Saint Paul’s College, at this time, would significantly challenge the fiscal stability of Saint Augustine’s University, “said Saint Augustine’s University president, Dianne Boardley Suber.
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Saint Augustine’s University (SAU) officials announced today that it will not move forward with the proposed acquisition
(Raleigh, NC) Saint Augustine’s University (SAU) officials announced today that it will not move forward with the proposed acquisition of Saint Paul’s College in Lawrenceville, VA. On November 20, 2012 the University made the announcement that it was exploring the option of acquiring Saint Paul’s College as it struggled to maintain its accreditation. Founded in 1888, Saint Paul's College is one of three historically black colleges founded by the Episcopal Church. Saint Augustine's University and Voorhees College in Denmark, South Carolina are the other two institutions. After careful due diligence and much deliberation, Saint Augustine’s University has decided that to pursue the acquisition is not a fiscally responsible option.
At the request of Saint Paul’s College officials, the Saint Augustine’s University Board of Trustees will allow Saint Paul’s to present a plan to the Saint Augustine’s University Board by May 31, 2013 in hopes of reversing this decision.
“This was a very difficult decision to make. We explored several options to in an effort to make the acquisition viable for Saint Augustine's University. However, after completing our due diligence, we concluded that the acquisition of Saint Paul’s College, at this time, would significantly challenge the fiscal stability of Saint Augustine’s University, “said Saint Augustine’s University president, Dianne Boardley Suber.
Saint Augustine’s University awarded bachelor’s degrees to 228 seniors during its 2013 Commencement ceremony Sunday, May 5. The class of 2013 makes history as the first graduating class of Saint Augustine’s University. The school transitioned from Saint Augustine’s College to Saint Augustine’s University on Aug. 1, 2012. 
On Tuesday, March 12, Saint Augustine's University students voiced their opinion about a proposed voter identification requirement. Students attended a public hearing at the NC General Assembly on the topic. 
President Dianne Boardley Suber announced today that Cynthia Marshall will address Saint Augustine’s University graduates at the 2013 Commencement ceremony to be held at 9 a.m. Sunday, May 5, 2013, on the campus quadrangle.
The Saint Augustine's University Community Development Corporation held a ribbon-cutting ceremony Friday, March 22, for a recently completed duplex unit at 307 Heck Street in downtown Raleigh. The Heck Street unit is part of a project funded by a $2.1 million Neighborhood Stabilization Program grant the University received from the N.C. Department of Commerce, Division of Community Assistance. 
