Penn State receives accreditation warning

PHILADELPHIA -- An accrediting organization has told Penn State that its status is "in jeopardy" based on recent developments in the Jerry Sandusky child sex abuse scandal.

The Middle States Commission on Higher Education, which accredits universities in the Mid-Atlantic region, cited the university's internal report and NCAA sanctions over the handling of molestation allegations against the former assistant football coach, who was convicted in June of 45 child sexual abuse counts.

The commission says Penn State remains accredited while "on warning." But it wants a monitoring report submitted by the end of next month as well as information about the university's ability to handle financial fallout from the scandal.

Penn State officials on Monday expressed confidence that they would be able to address all concerns expressed by the commission.