Fairmont State University has again finished its fiscal year 2019 with a strong financial position. This is a continuance of last year’s focus on cost saving/containment and strategic initiatives implemented by administration in January 2018.
Fairmont State University finished its fiscal year (July 1 – June 30) in a strong position as the most financially solvent four-year institution in the state. Solvency, is defined by the number of days an institution will remain operational using the amount of cash they have on hand.
Fairmont State University is seeking comments from the public about the University in preparation for its periodic evaluation by its regional accrediting agency. The University will host a visit October 10-11, 2016 with a team representing the Higher Learning Commission. Fairmont State has been accredited by HLC since 1928. The team will review the institution’s ongoing ability to meet HLC’s Criteria for Accreditation.
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