The draft audit shows how the Danville university struggled after its endowment was decimated. But it also reports an ...

Averett University is under new leadership following a significant financial misstep that left the institution with a $6 ...

The university is saddled with about $6 million in unpaid bills and must pay more than $18 million back into its endowment.

Danville private university Averett University has filed a federal lawsuit alleging its former chief finance officer worked with an investment firm to conceal illicit draws from its endowment that ...

Danville's Averett University released a statement Friday announcing the school had eliminated approximately 15 positions, ...

DANVILLE, Va. (WSET) — Major changes are in the works at Averett University after they announced last week that they're getting rid of five majors and one master's program. Averett says that ...

Averett University announced Friday it will install its next president May 1, after the sudden resignation of its previous president April 11, who cited his wife’s serious medical issue as his reason ...

Senior leaders at Averett University are taking pay cuts and some employees are having their work week reduced to four days due to financial mismanagement, Cardinal News reported. Administrators ...

Averett University, a private Baptist university located in Danville, Virginia, confirmed the death of David Hanbury on Facebook Sunday. The university said it received confirmation of his death ...