Placed on Notice
An institution is placed on notice if it is found to be pursuing a course of action that could result in its being unable to meet one or more Criteria for Accreditation. Only the Board of Trustees, acting on a recommendation made to it, can place an institution on notice. The period for on notice is no longer than two years.
http://www.ncahlc.org/Information-for-the-Public/relationship-with-the-public.html