Four Louisiana universities were recently placed on a “fiscal watch” list by the Louisiana Board of Regents, WWL-TV reports. The schools were added to the list due to low scores on a 0-5 scale, ranging from poor financial health to excellent financial health.
To come up with the list, the Board of Regents studied state audits for 36 public Louisiana schools. The four lowest scoring schools were Southern University at New Orleans (0), Louisiana State University Health Sciences-Shreveport (1), Grambling State University (1.3) and Southern University at Shreveport (1.4), according to WWL-TV.
A further description of why the schools scored poorly is expected to be revealed at the Board of Regents hearings on Sept. 21.