Local college speaks out about probation

POSTED: 6:39 AM Dec 12 2012   UPDATED: 1:27 PM Dec 12 2012
Virginia Intermont College
BRISTOL, Va. -

A local, private liberal arts college spoke to us Wednesday after being put on probation.

The Southern Association of Colleges and Schools, or SACS, announced Tuesday that it was placing Virginia Intermont College in Bristol, Virginia on probation for the next six months. The school had been on warning status for the past two years.

We're told the decision is based on VI's money issues and lack of funding. School leaders tell us they have created a five-year fundraising and financial plan to get back on the right track.

Mark Roberts is the school's senior vice president for academic affairs. "I believe what we're in right now is we're implementing those plans and we just haven't had enough time to really show fruit from that labor," he told us. "We have every confidence we'll be able to show that in six months."

SACS will make a decision on VI's status in six months.