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A year after being put on notice by its accrediting agency, Wilberforce University, a private historically black college in Ohio, is in the clear.

In December 2014, the Higher Learning Commission determined the college was out of compliance with key requirements -- such as having an effectively functioning board and sufficient financial resources -- and at risk of losing its accreditation.

Now things are looking much better for the college, and the HLC is praising college administrators for developing "working plans to achieve the goals of the institution" and creating "realistic financial projections which will help the university and its future plans." The accrediting agency has placed Wilberforce under a "standard path" of accreditation, and lifted the order that put the college on notice.