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"The action was an IRS matter and did not constitute a substantive change," Cravey said, SACSCOC has considered the university as a not-for-profit, she said.
The university will still be governed by its 25-member Board of Trustees.
The board will appoint a new eight-member board to govern Bob Jones Education Group.
At the same time, the university has been seeking regional accreditation through the Southern Association of Colleges and Schools Commission on Colleges.
The university, which is listed as a candidate for accreditation, notified the commission of its potential changes, which wouldn’t affect its candidacy, Page said.