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In 2004, the university began the process of joining the Transnational Association of Christian Colleges and Schools. 574), the university chose to maintain its interracial dating policy and pay a million dollars in back taxes.
Candidate status—effectively, accreditation—was obtained in April 2005, and full membership in the Association was conferred in November 2006. After BJU lost the decision in Bob Jones University v. The year following the Court decision, contributions to the university declined by 13 percent.
In 2005, 120 of the finalists from previous years returned to BJU as freshmen.
The university's nursing major is approved by the South Carolina State Board of Nursing, and a BJU graduate with a BSN is eligible to take the National Council Licensure Examination to become a registered nurse.
In 1944, Jones wrote to John Walvoord of Dallas Theological Seminary that while the university had "no objection to educational work highly standardized….
We, however, cannot conscientiously let some group of educational experts or some committee of experts who may have a behavioristic or atheistic slant on education control or even influence the administrative policies of our college." Early in the history of the college, there had been some hesitancy on the part of other institutions to accept BJU credits at face value, but by the 1960s, BJU alumni were being accepted by most of the major graduate and professional schools in the United States.
Jones said that although he had been averse to naming the school after himself, his friends overcame his reluctance "with the argument that the school would be called by that name because of my connection with it, and to attempt to give it any other name would confuse the people." Bob Jones took no salary from the college and helped support the school with personal savings and income from his evangelistic campaigns. The Florida land boom had peaked in 1925, and a hurricane in September 1926 further reduced land values. Bob Jones College barely survived bankruptcy and its move to Cleveland, Tennessee in 1933.
Bankrupt at the nadir of the Depression, without a home, and with barely enough money to move its library and office furniture, the college became in thirteen years the largest liberal arts college in Tennessee.
With the enactment of GI Bill at the end of World War II, the college was virtually forced to find a new location and build a new campus.
In the same year, the college also ended participation in intercollegiate sports.
Nevertheless, Jones's move to Cleveland proved extraordinarily advantageous.Undoubtedly helpful was that some of the university's strongest programs were in the areas of music, speech, and art, disciplines in which ability could be measured by audition or portfolio rather than through paper qualifications.Nevertheless, by the early 2000s, the university quietly reexamined its position on accreditation as degree mills proliferated and various government bureaucracies, such as law enforcement agencies, began excluding BJU graduates on the grounds that the university did not appear on appropriate federal lists.It has approximately 2,500 students, and it is accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC) and the Transnational Association of Christian Colleges and Schools.