Guilford College announced that the Southern Association of Colleges and Schools Commission on Colleges removed the institution from probation following a weekend presentation by college leadership documenting deep budget reductions and improved financial controls. President Jean Parvin Bordewich highlighted expense cuts, a balanced budget for fiscal 2025 and early fiscal 2026, and a rapid fundraising surge that doubled alumni donors in four months. The Quaker‑founded liberal arts college implemented staff reductions that left the campus with roughly one‑third fewer employees than a year prior, suspended retirement contributions, and generated $12.6 million in unrestricted cash for calendar year 2025. The governing board declined to declare financial exigency in June, opting for a mix of cuts and revenue efforts instead. The case is an operational playbook for peer institutions confronting accreditation risk: decisive cost restructuring, immediate donor engagement, and transparent communication with accreditors can restore standing — but at steep personnel and programmatic cost. Other small private colleges will be watching Guilford’s path to sustainability and the tradeoffs its leadership accepted.
Get the Daily Brief