Birmingham-Southern College: Birmingham-Southern College and Alabama state treasurer Young Boozer III are locked in a fierce dispute over the denial of a state loan to the struggling private institution. This conflict has intensified since the college’s loan application was rejected through a state Legislature program designed to aid private institutions at risk of closure, offering a $30 million lifeline.
Despite the college’s efforts, Boozer turned down the loan application last month. In response, the college filed a lawsuit seeking to compel Boozer to release the funds. However, a judge dismissed the suit last week. Throughout this legal battle and in public statements, college officials have accused Boozer of acting in bad faith.
Boozer countered these claims over the weekend, asserting that the college was informed from the outset that it “did not meet the collateral requirement in the statutory minimum requirements.” He emphasized that his actions were in line with the law as passed and consistently followed its provisions. Boozer defended his decision to deny the loan, citing BSC’s classification as a “terrible credit risk.”
In a statement issued on Monday, college officials refuted Boozer’s assertion that they were aware months ago that the claim would be denied. They accused him of making untrue statements, including claims that BSC did not qualify for the loan and lacked sufficient collateral.
Facing the potential of an abrupt closure without financial assistance, college officials are now exploring various avenues to keep BSC operational. One option includes an appeal to the Alabama Supreme Court for an expedited hearing, signaling the gravity of the situation for the struggling institution.
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Our Reader’s Queries
What GPA do you need for Birmingham-Southern College?
Birmingham-Southern College expects high achievement, with a GPA of 3.71 needed to stand out in your high school class. Striving for a mix of predominantly A’s is crucial, while softer grades should be balanced with more rigorous coursework such as AP or IB classes.
Is Birmingham-Southern a Division 1 school?
Birmingham-Southern’s sports teams go by the name Panthers and compete at the Division III level of the National Collegiate Athletic Association (NCAA). They mainly participate in the Southern Athletic Association (SAA) since 2012-13.
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Birmingham-Southern College: A Top Liberal Arts College in the USA.
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Established in 1856 and affiliated with the United Methodist Church, Birmingham-Southern College is a private liberal arts institution that offers a comprehensive four-year education.