SAU Faces Critical Bankruptcy Hearing As Scrutiny Intensifies
By Jordan Meadows Staff Writer Saint Augustine's University (SAU) is financially restructuring as the Raleigh-based historically Black university appears in federal bankruptcy court on Tuesday for a formal Chapter 11 hearing tied to its ongoing effort to stabilize operations amid mounting debt, lost accreditation, and federal scrutiny over millions in grant funding. The hearing comes roughly two months after SAU filed for Chapter 11 bankruptcy protection in April, a move