On Monday, the public is expecting a big announcement about new leadership at the school.
Saint Augustine's University President Dianne Boardley Suber announced Friday that she is stepping down next month.
"After much consideration and prayer, I have decided to announce my retirement," Suber said.
ABC11 reached out to several alumni and the school, and no one would comment about Monday's big presser. All we know is that the announcement will be about a change of leadership at the university.
"School needs to change, a lot of bad stuff going on as everybody knows," said junior Malik Minor.
Minor is talking about what has been public knowledge for months. The News & Observer uncovered a recent audit showing St. Augustine's tuition revenue is down $3 million; add to that disorganized accounting, and a lawsuit from a contractor- who says St. Augustine's owes nearly $675,000 for the construction of its new football stadium.
This happening to a university so steeped in history and pushing students to look for outs.
"My great grandmother went here," said student D'Anthony Bryant. "Might need to go to another school."
"I'm preparing for it, I'm looking into transferring," Minor said.
The highly anticipated announcement will be announced at a news conference at 10 a.m. Monday.