Shaw University, founded in 1865, is the first historically black college of the South. Shaw is a private,
co-educational, liberal arts university affiliated with the Baptist Church. The University awards degrees at both the undergraduate and graduate levels.
RALEIGH - Tasked with getting the university out of a $20 million financial hole, Dr. Dorothy Yancy, Shaw's first female president, will ask the alumni and board of trustees to have clean hands.