Update, 12:07 p.m., Wednesday:
The University of Southern California has announced a new president to usher in "a new era." The university said Wednesday that Carol Folt will become the university's 12th president. The announcement comes a week after news broke of a massive college bribery scandal involving USC and other universities across the country.
Folt most recently was chancellor of the University of North Carolina at Chapel Hill.
She will become USC's president on July 1, taking over from interim President Wanda Austin, who stepped in after former President C.L. Max Nikias resigned last summer.
Nikias stepped down amid reports the school ignored complaints of widespread sexual misconduct by a longtime campus gynecologist.
USC says Folt will "promote positive cultural change and uphold the highest values of excellence, integrity and trust across USC."
Original post:
University of Southern California students allegedly embroiled in the college admissions scandal that has rocked universities across the country won't be allowed to register for classes while officials conduct an internal investigation.
"USC has placed holds on the accounts of students who may be associated with the alleged admissions scheme," the university announced in an update on its website on Monday. "This prevents the students from registering for classes or acquiring transcripts while their cases are under review."
It is unclear how many students are affected by the freeze, but the school said the students have been notified that their status is under review.
"Following the review, we will take the proper action related to their status, up to revoking admission or expulsion," USC said.
Last week, the university said it already had worked to identify new applicants connected to the alleged scheme and that they would be denied admission.
Additionally, Senior Associate Athletic Director Donna Heinel and men's and women's water polo coach Jovan Vavic were fired last week after they were indicted for accepting bribes to falsely designate students as athletic recruits.
The move by USC follows similar statements by Yale University President Peter Salovey on Friday as officials there scramble to restore public trust in the admissions process after a former women's soccer coach was linked to the scandal.
In a letter to students, Salovey said the school's policy "is to rescind the admission of students who falsified their Yale College applications." He added that the school has retained external advisers to assist in a probe into whether "others have been involved in activities that corrupted the athletic recruitment and admissions process."
Federal prosecutors have accused 50 wealthy parents, coaches and test proctors, among others, of conspiring with William Rick Singer, a college admissions consultant, of committing bribery and fraud to get students into some of the nation's most prestigious schools.
According to the Justice Department, parents often paid Singer between $250,000 and $400,000 — although some allegedly spent up to $6.5 million — to help their children cheat on standardized tests, create fake athletic profiles and bribe officials, in order to boost their chances of admittance.

9(MDAxOTAwOTE4MDEyMTkxMDAzNjczZDljZA004))
