UNCG’s had issues earlier in the summer. Now the university has been served with a subpoena by N.Y. Attorney General Andrew Cuomo, who’s investigating kickbacks from education lenders.
UNCG hasn’t received the subpoena. But spokesman Steve Gilliam said the university’s relationship with University Financial Servies was short-lived:
“The University briefly had a contract with University Financial Services, beginning in late October of 2006, which was terminated on February 21, 2007, when the University learned that the same services were provided by the College Foundation of North Carolina at no charge,” Gilliam said in a written statement. “As far as we can determine at this time, no action was ever taken under that contract.”
