Updated at 8 p.m.

The Bennett College plot thickens.

A Georgia federal judge has restored Bennett College’s accreditation, Bennett President Dr. Phyllis Worthy Dawkins revealed in a news conference on Friday.

Earlier in the week, the Greensboro college learned that it lost its appeal to a December ruling removing its membership from the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC).

Bennett formally filed a lawsuit against SACSCOC on Friday, which will allow it to remain accredited during court proceedings. In the meantime, the college has applied to the Transnational Association of Christian Colleges and Schools (TRACS) for accreditation. TRACS officials will visit the school in March.

Dawkins said the court proceedings won’t interrupt daily operations, but admitted that the news will “hit parents, students and alumnae hard. ”

Originally published at 4:05 p.m.

Bennett College was notified on Friday that the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC) would uphold its decision to remove the school’s accreditation, effective immediately and despite inspiring fundraising efforts that led to more than $8 million in donations.

In December, SACSCOC announced that due to Bennett’s inability to stabilize its finances, its membership would be revoked. In a released statement, the body’s leadership said the December ruling was “reasonable, not arbitrary, and based on the standards cited.” Further, the appeals committee noted the historically black college for women had failed to show it possessed a “stable financial base to support the mission and scope of programs and services.”

Without accreditation, Bennett can’t offer federally guaranteed loans to the roughly 471 students currently enrolled there. And without those loans, the school, founded in 1873 to educate freedmen, likely can’t survive.

The story of Bennett’s plight had captivated the country. The school’s outreach campaign, #StandWithBennett, gained attention from churches, politicians, celebrities and others hoping that the outpour of donations would strengthen the appeal.

“I am disappointed and saddened by the committee’s decision. I firmly believe Bennett College deserved a favorable review,” said Congresswoman Alma Adams, a former Bennett professor. “The institution has been an invaluable asset to our community.”

Katrina Louis is managing editor of qcitymetro.com who can always find something to do in Charlotte. She’s an offline hustler (and has the shirt to prove it) but when online, find her on Instagram and Twitter.

Katrina covers Charlotte's Black business scene for QCity Metro. She's a Miami transplant, pescatarian and lover of the arts. She earned a public relations degree from the University of Florida. Got a...