http://www.wral.com/accrediting-organiz ... /14704731/
Probation doesn't sound so bad until you realize this was the most serious act SACS could select short of simply revoking UNC's accreditation. Key quote:
"It's a big deal," said Belle Whelan, SACS president. "This issue was bigger than anything with which we’ve ever dealt, and it went on for longer than anything else. This is the first one I can recall in the 10 years I’ve been here that we put an institution on probation for academic fraud or academic integrity."