November 2007

New England College of Finance(NECF) receives accreditation

The Commission on Institutions of Higher Education (CIHE) of the New England Association of Schools and Colleges (NEASC) voted, yesterday, to confer accreditation upon New England College of Finance (NECF). This is a significant step forward for NECF, as it had, only several months ago, been placed in a “deferral” status with respect to accreditation.

Additionally, because NEASC recognized the “substantial progress” made at NECF in the past few months, it also agreed to consider our special request for rapid online authority and voted to confer distance education authority under NECF’s accreditation. This will allow full online distribution of NECF courses and programs throughout the United States. Normally, NECF would have had to wait until the next NEASC meeting in March 2008 to petition for this authority.

With accreditation in place, NECF will be able to pursue a more aggressive agenda for development and growth, including the launching of bachelor's and master's degree programs, as well as international export of all its offerings. We expect to request further accreditation authority from NEASC to enable these initiatives in 2008.

Thanks to all in our community who assisted and supported us throughout our accreditation efforts with NEASC.

It can now be said that NECF is accredited by the same agency that accredits Harvard, Yale and some of the finest colleges in the country, under what are considered to be the toughest accrediting regulations!

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