The Marianas Variety reports
that the College of the Marshall Islands is hoping to get its warning status from its accrediting body lifted due to improved financial health. According to the Pacific Islands publication, the college ended its fiscal year with a positive balance for the second year in a row. CMI's accrediting body, the Western Association of Schools and Colleges, warned the school two years that it could lose its accreditation due to financial losses, a low contingency fund, and a low endowment. The accreditor will visit CMI in March 2015, with further action on the issue of accreditation expected as early as June 2015.