St. Mary’s College, already legally approved to grant a BA in Liberal Arts by the Kansas Board of Regents (KBOR), submitted its initial application for accreditation to the Higher Learning Commission (HLC) in August 2023. We will work through that multi-year process, which requires a period of candidacy prior to full accreditation, as expeditiously as possible. (See HLC’s website for a full description of the process)
For us, the purposes of accreditation are:
- To provide our students and their families the assurance, from an external source with rigorous standards, that we deliver what we promise.
- To simplify degree recognition and credit transfer to other institutions, enabling efficient movement of our students to further study as desired.
- To allow our students access to non-government scholarships and private financial aid restricted for use only at accredited institutions.
- To allow those paying tuition to receive possible tax credits.
- those paying tuition receive tax credits potentially exceeding $11,000 through a combination of the American Opportunity Credit and the Lifetime Learning Credit.
- 529 plans can be used to reimburse students for tuition and room & board, allowing for state income tax deductions (in Kansas and possibly other states) for these costs.
- To relieve the reservations some parents and students have about attendance at a non-accredited college.