{"id":372479,"date":"2026-06-24T03:42:07","date_gmt":"2026-06-24T03:42:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ca\/372479\/"},"modified":"2026-06-24T03:42:07","modified_gmt":"2026-06-24T03:42:07","slug":"ocu-given-financial-issue-designation-following-sanctions-from-dept-of-ed","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ca\/372479\/","title":{"rendered":"OCU given Financial Issue Designation following sanctions from Dept. of Ed."},"content":{"rendered":"<p class=\"text | article-text\">OAKLAND CITY, Ind. (WFIE) &#8211; A 14 News Update now on what has been happening with Oakland City University.<\/p>\n<p class=\"text | article-text\">The Higher Learning Commission, a university accreditor, released a notice giving OCU a Financial Issue Designation.<\/p>\n<p class=\"text | article-text\">This comes after the U.S. Department of Education placed a sanction on them called Heightened Cash Monitoring Level 2.<\/p>\n<p class=\"text | article-text\">What this means is rather than getting federal funds and disbursing them to students, they must use their own funds, then seek reimbursement from the department.<\/p>\n<p class=\"text | article-text\">Of course, 14 News <a href=\"https:\/\/www.14news.com\/2026\/06\/13\/another-week-passes-with-no-paychecks-owed-by-ocu\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.14news.com\/2026\/06\/13\/another-week-passes-with-no-paychecks-owed-by-ocu\">has been following OCU for a while<\/a>, and they are still waiting for funding.<\/p>\n<p class=\"text | article-text\">According to spreadsheets from the Department of Education, OCU has been at Level 1 for years for compliance issues.<\/p>\n<p class=\"text | article-text\">In their notice, the Higher Learning Commission says financial conditions at OCU raise concerns about its ability to support its programs.<\/p>\n<p class=\"text | article-text\">University President Ron Dempsey says they are aware of the notice, and they were involved in the designation from the Commission.<\/p>\n<p class=\"text | article-text\">Now, OCU will host a comprehensive evaluation on October 26th and 27th when the commission will decide if the designation can be removed or if other action needs to be taken.<\/p>\n<p><a class=\"link | text-reset d-block h-100 w-100\" href=\"https:\/\/www.14news.com\/page\/14-news-streaming-apps\/\" rel=\"nofollow noopener\" target=\"_self\"><img decoding=\"async\" class=\"figure-img img-fluid mx-auto d-block\" alt=\"wfie apps\" loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/us-ca\/wp-content\/uploads\/2026\/06\/1782272527_198_3ABJKZTA4RCT5CI42747VCTX3M.png\" width=\"980\" height=\"230\" \/><\/a><\/p>\n<p>Copyright 2026 WFIE. All rights reserved.<\/p>\n","protected":false},"excerpt":{"rendered":"OAKLAND CITY, Ind. (WFIE) &#8211; A 14 News Update now on what has been happening with Oakland City&hellip;\n","protected":false},"author":2,"featured_media":332537,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[143,145,144],"class_list":["post-372479","post","type-post","status-publish","format-standard","has-post-thumbnail","category-oakland","tag-oakland","tag-oakland-headlines","tag-oakland-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/372479","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=372479"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/372479\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/332537"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=372479"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=372479"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=372479"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}