From President Jody Hill:
We are now fully accredited, with no stipulations, for the next 10 years by both SACSCOC and the Association of Theological Schools (ATS). We have finished each of the last three years in the black operationally. Our endowment has grown from just over $11 million to over $15 million. We have no funds borrowed against our $1 million line of credit. We will soon be decreasing our $2.3 million in debt by about $1 million. We have awarded 3.8% salary bonuses each of the last two years, and plan to institute permanent pay raises in August 2022. We have re-instituted a 3% match to employee retirement contributions. This fall, we have the highest number of Cumberland Presbyterian students since 2015; the second-highest overall enrollment since 2015; and a record number of 91 doctoral students to complement our total student population of 223 students!
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