Fitz Hill confirms Arkansas Baptist College payment problems | Arkansas Blog

Thursday, September 5, 2013

Fitz Hill confirms Arkansas Baptist College payment problems

Posted By on Thu, Sep 5, 2013 at 9:00 PM

click to enlarge FITZ HILL: Been through hard times before.
  • FITZ HILL: Been through hard times before.
Fitz Hill,
president of Arkansas Baptist College, got back to me tonight as promised on reports of financial difficulties there.

He confirms that the Little Rock college has been unable to make payroll — about $300,000 monthly — and has been unable to pay many vendors.

He blamed the problem, however, on recently discovered computer problems that led him to fire two IT employees and also to call in federal prosecutors to review the situation. He said he's learned that the college will have to spend an estimated $183,000 to get its computerized accounting and payments system working again.

The lack of the system prevents automatic transfer of federal funds due the 1,100 students enrolled, Hill said. That's the major source of college revenue. He insisted the college was solvent if the money it was owed is paid. "Absolutely," he said.

He acknowledged the problem had been in the making for several weeks and he was working feverishly to solve it. 

"We are experiencing extreme challenges," he said.

The college is essentially operating without computer support. It has no Internet access. When payments are being made, they are being done by hand-written checks.

"Ive' been through trying times before," Hill said.

He said problems were exacerbated by federal budget cuts to summer Pell Grant support that benefits many of his students. He emphasized, too, the unintended cost of students unable to attend college when grant support isn't there. He said he's had two students forced to return home who were killed in violent incidents.




Tags: , , ,

From the ArkTimes store

Favorite

Comments (11)

Showing 1-11 of 11

Add a comment

 
Subscribe to this thread:
Showing 1-11 of 11

Add a comment

More by Max Brantley

Readers also liked…

  • More on how highways were used to wipe out "blight" of non-white neighborhoods

    Vox, a news website that concerns itself with energy and other issues, has a fine piece, including before and after images, on the history of the U.S. interstate system and why roads were built through the middle of cities (unless people of influence stopped them — see Manhattan, San Francisco and Washington, D.C.)
    • Mar 22, 2016
  • Police identify two women found fatally shot on Chicot Road

    Little Rock police have identified two women found dead of gunshot wounds in an SUV parked next to a vacant trailer in a mobile home park at 11500 Chicot Road.
    • May 16, 2017
  • Judge anticipates punishment of lawyers in Fort Smith class action case

    Federal Judge P.K. Holmes of Fort Smith issued a 32-page ruling yesterday indicating he contemplates punishment of 16 lawyers who moved a class action lawsuit against an insurance company out of his court to a state court in Polk County after a settlement had been worked out.
    • Apr 15, 2016

Most Shared

  • Discussion: State killing of the mentally ill

    The Arkansas Coalition to Abolish the Death Penalty and others will have a forum on mental illness and the death penalty at 6:30 p.m. Monday at the Bowen School of Law's Friday Courtroom.

Most Viewed

  • Dear Little Rock,

    This is not a love letter, Little Rock, though we do love you. This is an intervention.

Most Recent Comments

Blogroll

 

© 2017 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation