In late February 2012, B. H. Carroll Theological Institute received accreditation status from the Association for Biblical Higher Education (ABHE).
Dilday was fired from Southwestern in March 1994 by what had become majority conservative-leaning board of trustees during the Southern Baptist Convention conservative resurgence.
[11] Dilday wrote of a 'lively renaissance of Baptist theological education at the edge of a new millennium' prior to the launch of the institute.
[15] The institute's representatives express no competition existing between the residential-model of education exemplified by Southwestern and their own non-residential model.
[13] In a guest post for the National Association of Baptist Professors of Religion Southwest Region NABPR-SW blog, Corley suggests schools like the Institute can help 'bridge the gap between where the seminaries are and what their publics need.
[20] Prior to this step, the institute was granted a Certificate of Authority to offer master's and doctoral degrees by state of Texas'Higher Education Coordinating Board (THECB) in 2007.
[21] When THECB ceased regulating degree-granting religious institutions in 2008, Carroll was granted exemption from the Texas Higher Education Coordinating Board.