Regent University “stands ready” to help Oral Roberts University, but the struggling Oklahoma school can recover on its own, Regent President Pat Robertson said Wednesday.
Regent sent a team to ORU this week after a director there asked Robertson “if there was anything we at Regent University could do to assist them during this difficult time,” Robertson said in a written statement.
The team included several administrators and Regent’s former divinity school dean. Regent is based in Virginia Beach.
ORU is dealing with more than $50 million in debt and the resignation of its president, Richard Roberts, amid allegations of fiscal impropriety, according to media reports.