Audit puts University of New Mexico's Accreditation at Risk
The fallout from the financial scandals involving the University of New Mexico’s Athletics Department continues to cast a pall over the school.
A national organization in charge of accrediting universities has now notified UNM that its regional accreditation status is in potential jeopardy, pending the findings of a state audit into the school’s fiscal management.
The Higher Learning Commission sent a letter to UNM President Chaouki Abdallah on Tuesday, informing him that it had been made aware of the special audit being conducted by New Mexico State Auditor Tim Keller.
The HLC letter stated that Keller’s investigation and various media reports about the accounting practices of Lobo Athletics had raised “concerns about the university’s financial oversight,” and could affect the school’s accreditation.
Read more: https://nmfishbowl.com/2017/08/16/letter-audit-puts-unms-accreditation-at-risk/