College Fund Offers $1.47 Million to School
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From Times Wire Reports
The United Negro College Fund said it would provide Morris Brown College with $1.47 million to help it overcome a $27-million debt and avoid closing.
The fund voted to help alleviate financial problems at the 117-year-old historically black Atlanta school, which lost its accreditation in December, officials said. The Southern Assn. of Colleges and Schools withdrew the accreditation largely because of the school’s financial problems.
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