MCU header logo loginMAYFIELD, Ky. (2/25/14) ― Students, faculty and school officials at Mid-Continent University in Mayfield are waiting to see if recent submissions to the Department of Education ease some of the financial crisis that could cause the university to close its doors.

The university has spent $9 million of its own funds in the last five months toward student educational costs due to the Department of Education's rejection of federal financial aid submissions, and it needs another $6 million to make it through the spring semester to graduation.

Former Mid-Continent President Robert Imhoff has resigned and the MCU Board of Trustees appointed Dr. Ken Winters in his place Saturday.

Mid-Continent University is a private, not-for-profit, four-year liberal arts Christian institution in Graves County with approximately 2,400 students. The Southern Association of Colleges and Schools placed MCU's accreditation on a “warning” status in December due to its financial instability.

According to MCU officials, the Department of Education found mistakes in financial aid submission information and have been kicking those submissions back for several months

In a Youtube video of Winters' address to the community Monday, he said he remains optimistic about the future of the school and its students. He said what happens in the near future will be crucial to the university.

“There is a situation at Mid-Continent that demands major attention for the next few weeks,” Winters said in his address. “Part of this is due to the fact Mid-Continent is a non-term institution and that's a different format. Therefore the reporting is different.”

Winters said he and a group of officials met with U.S. Rep. Ed Whitfield, R-Hopkinsville, in Washington, D.C. about the university's problems, and that Whitfield called in U.S. Under Secretary of Education Martha Kanter to discuss the predicament.

“We are extremely encouraged by the discussion with the under secretary,” said Winters.

Winters, a former state Senator, said he will do all that he can to ensure a good future for the school and its students in his brief term as an acting president.

To watch the entire address, go to: http://www.youtube.com/watch?v=V-yo_jpoCR8#t=1123

Rita Dukes Smith
SurfKY News Director

e-max.it: your social media marketing partner

LIKE SurfKY on Facebook - Click here to LIKE us now.

© Copyright 2015 SurfKY News Group, Inc. All rights reserved. This material may not be published, broadcast, or rewritten without permission. SurfKY News encourages you to share this story on social media.

In Other News...

MCCH Celebrates World Breastfeeding Week

MURRAY, Ky. (8/2/15) — World Breastfeeding Week is Aug. 1-7 and Murray-Calloway County Hospital is celebrating with… Read More

Two Die, Two Injured in Princeton Crash

PRINCETON, Ky. (8/3/15) — Four victims of a single-vehicle collision had to be extricated after an early morning crash… Read More
1 DOW 17,598.20
-91.66 (-0.52%)    
2 S&P 2,098.04
-5.80 (-0.28%)    
3 NASDAQ 5,115.38
-12.90 (-0.25%)    

Most Read This Week

July 30, 2015 3861

Webster Man Leads Police on Chase through Parts…

by SurfKY News
July 31, 2015 3784

Miss Hopkins County Fair 2015 Chosen

by Tammy Holloway, SurfKY News
July 28, 2015 2867

Hanson, Owensboro, Bowling Green Youths Win at…

by Tammy Holloway, SurfKY News
August 01, 2015 2584

24th Annual Miss Teen Hopkins County Fair Pageant…

by Tammy Holloway, SurfKY News
July 29, 2015 2511

Crime Stoppers Top Most Wanted - July 29, 2015

by SurfKY News

Most Read This Month

July 17, 2015 16715

Muhlenberg Most Wanted - Top 10

by SurfKY News
July 23, 2015 15708

UPDATE: Family Confirms Body of Missing Teen…

by Shawn Freels, SurfKY News

Stories Trending Now

August 02, 2015 1800

Poole Wins Hopkins County Fair Talent Show

by Tammy Holloway, SurfKY News
August 03, 2015 1483

Tiniest Division of Hopkins County Fair Pageants…

by Tammy Holloway, SurfKY News
August 03, 2015 1340

Two Injured in Motorcycle Accident

by SurfKY News
August 02, 2015 1298

Community Helps ‘Cram the Hummer’ for School…

by Tammy Holloway, SurfKY News
August 03, 2015 1079

Man Accused of Using Craig's List to Encourage…

by SurfKY News
August 02, 2015 953

Spinal Cord Injury Patient's Foundation Sponsors…

by SurfKY News
August 03, 2015 944

Back To School Bash Brings Crowd to Mall

by Tammy Holloway, SurfKY News
August 03, 2015 763

Two Vehicle Collision Injures One, Driver…

by SurfKY News
August 03, 2015 700

Vehicle Accident Results in One Fatality

by SurfKY News
August 02, 2015 634

'The Free' Gets Greenville Crowd Groovin'

by Mike Groves, SurfKY News