After five years as the chancellor at North Carolina School of the Arts, Wade Hobgood resigned Friday citing the school’s financial problems as well as personal reasons.
He will step down officially July 1.
The school has been plagued by severe budget cuts, and last year state auditors found that the school misspent about $1 million.
“I think a lot of us are disappointed that he’s leaving,” said Sarah Bumgarner, president of the NCSA Student Government Association. “But with the audits and the budget crisis I think people understand why he’s leaving.”
Hobgood also experienced personal difficulty when his daughter was injured in a car crash last year.
“It’s a difficult job to be a leader of a school,” said Anne White, NCSA vice chancellor for student life.
“The public focus and pace is so heavy that it’s difficult for anybody.”
Hobgood leaves several key projects that he helped found as part of his legacy to the school.
He proposed a program — approved in 2001 by the N.C. General Assembly — that provides free tuition, room and board to all in-state high school students attending the school.