A mistrial was declared in October in Slade's trial on charge of misapplication of fiduciary property with a value over $200,000. If she had been convicted, she faced a possible prison sentence of life.
Slade pleaded no contest to misapplication of fiduciary property with a value over $100,000.
Prosecutors say Slade misspent more than half a million dollars in TSU funds to make extravagant purchases for her homes. Prosecutors say Slade also misspent school funds to pay for bar tabs, manicures, spa treatments and exercise classes.
DeGeurin has said the money was spent to improve TSU's image and court donors.
As part of the agreement, Slade read the following statement in court.
-
"I accept responsibility as the president of Texas Southern University, with regard to the expenditures described in the indictment, as misapplications in not ensuring that Texas Southern University policies were followed. If I had the opportunity to do things differently, I would do so. My thoughts and prayers are with the Texas Southern University family, to whom I apologize."
