AUGUSTA, Ga. (WJBF)– The Interim President of Paine College, finally speaking out about the school’s financial troubles.
Dr. Samuel Sullivan took over the troubled college after Dr. George Bradley resigned last year.
Our Deon Guillory asked Dr. Sullivan the tough questions.
We asked him about how much money is needed, how did this historic school get to this point and what’s next for him.
Sullivan admits, there’s a lot of work to do.
“That’s what we are trying to make people understand and agree with us that Paine is worth saving.”
That’s the plea from the man in charge at Paine College.
A historic institution that is now in a financial tight spot.
Sullivan says the college needs to raise at least $1.5 million dollars by the end of the school year.
“Our mission is to provide a quality education for those young people who choose to come to our school, in order to that, resources are required,” said Sullivan.
Paine is struggling to keep those resources.
Last month it was unable to pay most of its staff on time.
The college’s accreditation is on probation.
To get support, the college held a rally, raising more than 250-thousand dollars.
Now, a promotional push, with the help of some of Sullivan’s co-workers when he was at the former Augusta State.
Marc Miller, who once worked with Sullivan, said, “He has the right mix of academic experience but also financial responsibility and fuduciary responsibility to see Paine through their crisis.”
Sullivan says he’s not pointing fingers as to who caused this crisis, but wants the community to understand Paine is learning from past mistakes.
Deon Guillory asked, “What’s do you say to those people who are still leery?”
Sullivan replied, “We’re just going to have to keep working as hard as we can./to make sure people understand what we’re trying to do here.”
Sullivan says the college is working on its accreditation.
Paine will submit a report in February, a committee will visit either at the end of March or beginning of April to talk about the steps Paine took to fix the problems. A decision is expected in June.
AUGUSTA, Ga. (WJBF)– A local college is working to get back on sound financial footing.
Just weeks ago, Paine College could not meet its payroll. The community stepped in to help. But is it enough?
Our Deon Guillory is live at Paine College this afternoon.
We caught up with Dr. Samuel Sullivan as he was filming some promos to get the message out about how important Paine is to the community.
And he’s very upbeat about what’s next.
Paine has had its share of issues. It’s on probation when it comes to its accreditation and also, big financial problems.
The college was late meeting payroll last month and that was the reason behind last week’s Build it Back rally.
Dr. Sullivan said the college raised more than $250,000 in cash, with pledges still coming in and he explained to just how much much is needed.
“That’s a good question. In terms of the amount that we need, we have a target for this current year, at least a million and a half dollars to end the year with. that’s our goal. We’d love to have a lot more in the bank and the million and a half to bring to us, but if we’re comfortable with that, that’s going to be fine, collect that rather, that’s going to be fine.”
Dr. Sullivan says he’s not pointing the finger at anyone for the reason why Paine is in this situation he says they just want to learn from past mistakes.
Coming up tonight at 6 p.m., we’ll show you what Dr. Sullivan says about being Interim president and who is supporting him.