MOUNT VERNON—Brewton-Parker College President Dr. Steve Echols is pleased to announce that The Southern Association of Colleges and Schools Commission on Colleges (“SACSCOC”) has accepted the College’s five-year financial follow-up report with no additional monitoring required.
“When the school received the good news of the SACSCOC financial evaluation of BPC in December 2014, a follow-up report to be included in the five-year review was required,” Dr. Echols said. “Last week at the annual SACSCOC meeting, BPC received great news that our fifth-year financial report has been accepted with no recommendations, notations, or future requirements for additional reporting. The approval of this report is a strong endorsement of the financial health of the school. In our documentation to SACSCOC, there were many good things we were able to share. Among them were the following:
- Three straight years of positive gains on the operational profit and loss statement
- Reduced debt
- Increase in student revenue and decrease in expenses
- Increase in net assets
- BPC awarded a perfect financial composite score of 3.0 (the highest given) by the Department of Education.