The university is accredited by the Transnational Association of Christian Colleges and Schools and offers instruction and degrees, primarily in religious studies, including a Doctorate of Ministry program.

Gregory W. Hayes, a graduate of Oberlin College, assumed the full-time position as president in 1891, serving until his death in 1906.

Hayes, among the separatists, returned the patronage to retain and strengthen black autonomy and academic integrity.

[6] On April 22, 2024, the TRACS board voted to place the VUL on probation for failing to maintain its accreditation standards.

[7] Namely, the TRACS board found issue in the financing of VUL, stating the institution failed to meet Title IV regulations, and must provide a full audit of its 2023 financials.