In 1971, Bob Jones III became president at age 32, though his father, with the title of Chancellor, continued to exercise considerable administrative authority into the late 1990s.In December 2011, in response to accusations of mishandling of student reports of sexual abuse (most of which had occurred in their home churches when the students were minors) and a concurrent reporting issue at a church pastored by a university board member, Released in December 2014, the GRACE report suggested that BJU had discouraged students from reporting past sexual abuse, and though the University declined to implement many of the report's recommendations, President Steve Pettit formally apologized "to those who felt they did not receive from us genuine love, compassion, understanding, and support after suffering sexual abuse or assault." It is common for retiring professors to have served the university for thirty, forty, and even occasionally, fifty years, a circumstance that has contributed to the stability and conservatism of an institution of higher learning that has virtually no endowment and at which faculty salaries are "sacrificial".
Negative publicity caused by the dispute precipitated a decline in BJU enrollment of about 10% in the years 1956–59, and seven members of the university board (of about a hundred) also resigned in support of Graham, including Graham himself and two of his staff members.Enrollment quickly rebounded, and by 1970, there were 3300 students, approximately 60% more than in 1958.The King-James-Only Movement—or more correctly, movements, since it has many variations—became a divisive force in fundamentalism only as conservative modern Bible translations, such as the New American Standard Bible (NASB) and the New International Version (NIV), began to appear in the 1970s.BJU has taken the position that orthodox Christians of the late 19th and early 20th centuries (including fundamentalists) agreed that while the KJV was a substantially accurate translation, only the original manuscripts of the Bible written in Hebrew and Greek were infallible and inerrant.It has approximately 2,500 students, and it is accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC) and the Transnational Association of Christian Colleges and Schools.
The university's athletic teams, the Bruins, compete in Division II of the National Christian College Athletic Association (NCCAA).
In the same year, the college also ended participation in intercollegiate sports.
Nevertheless, Jones's move to Cleveland proved extraordinarily advantageous.
Each fall, as a recruiting tool, the university sponsors a "High School Festival" in which students compete in music, art, and speech (including preaching) contests with their peers from around the country.
In the spring, a similar competition sponsored by the American Association of Christian Schools, and hosted by BJU since 1977, brings thousands of national finalists to the university from around the country.
In 1995 there were 1,290 BJU graduates serving as senior or associate pastors in churches across the United States.