sanctions lifted on U of Phoenix by The Higher Learning Commission,

The University of Phoenix has been removed from "notice" status by its accrediting agency and faces no other academic sanctions, the company announced Thursday.

The Higher Learning Commission of the North Central Association, a private, nonprofit regional accrediting agency, took action June 25 after placing the university on notice two years ago. Sanctions potentially could have led to loss of accreditation.

Apollo Education Group Inc. and its wholly-owned subsidiary, University of Phoenix Inc., faced concerns over governance, student assessment and faculty scholarship/research for doctoral programs, according to a company filing with the Securities and Exchange Commission in October.

Accrediting agency lifts sanction against University of Phoenix