American International College taps endowment funds
American International College is drawing on its savings and endowment funds to maintain operations following years of budget deficits and the loss of government funding.
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Video Summary
AI GeneratedAmerican International College (AIC) is facing potential probation and the risk of losing its accreditation due to significant financial instability. While the New England Commission of Higher Education has raised concerns over deficits and fund management, AIC President Nicole Sestero maintains that the institution is on track to resolve these issues and remain accredited.