Candidate status—effectively, accreditation—was obtained in April 2005, and full membership in the Association was conferred in November 2006. After BJU lost the decision in Bob Jones University v. The year following the Court decision, contributions to the university declined by 13 percent.
In 2017, rated BJU as #2 in Best Four-Year College in South Carolina; rated it #3 Best Private College in South Carolina; and Christian University Online rated it #3 Most Affordable Christian College in the U. Although BJU had admitted Asians and other ethnic groups from its inception, it did not enroll Africans or African-American students until 1971. In 2000, following a media uproar prompted by the visit of presidential candidate George W. In 2008, the university declared itself "profoundly sorry" for having allowed "institutional policies to remain in place that were racially hurtful".
Jones said that although he had been averse to naming the school after himself, his friends overcame his reluctance "with the argument that the school would be called by that name because of my connection with it, and to attempt to give it any other name would confuse the people." Bob Jones took no salary from the college and helped support the school with personal savings and income from his evangelistic campaigns. The Florida land boom had peaked in 1925, and a hurricane in September 1926 further reduced land values. Bob Jones College barely survived bankruptcy and its move to Cleveland, Tennessee in 1933.
In the same year, the college also ended participation in intercollegiate sports.
Nevertheless, Jones's move to Cleveland proved extraordinarily advantageous.