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Baltimore-based Sojourner-Douglass College has lost its accreditation, with the Middle States Commission on Higher Education upholding its decision to withdraw approval of the school due to financial instability.   The loss of accreditation becomes effective June 30, 2015.
Accreditation is critical in higher education because it allows schools to be eligible for federal financial aid, including Pell grants, and makes it possible for students to transfer credits earned at the institution to some other colleges and universities.
Students with concerns about the impact of the loss of accreditation on them can learn more here about a class action firm that is reviewing these developments.