"Liberty University has voluntarily withdrawn from its accreditation through the Transnational Association of Christian Colleges and Schools (TRACS)." --READ MORE I'm sure it happens, but I have never heard of this happening before. Liberty University has left TRACS, voluntarily. They say that their SACS accreditation is more than enough. This is of course is very true and it is also true that accreditation is a difficult and expensive process that is only made more complicated with two different accrediting bodies. That, of course, is not even considering the various technical accreditation that universities like Liberty must have (NCATE for education, etc). Therefore the move by Liberty University is surprising but it makes sense.