Drake University is voluntarily giving up its business school’s secondary accreditation for one year.
The school announced on Monday that it failed to meet stands of the AACSB and won’t be accredited for the next year.
The school plans to reapply for accreditation next spring.
Drake says the loss of the accreditation won’t impact the quality of education the school offers to its 1,550 undergraduate and postgraduate students in the next year.
Iowa State University, the University of Iowa and the University of Northern Iowa are all accredited through AACSB.