Following allegations she misused money allocated for an anti-poverty program, a former Thunder Bay school principal agreed that for a period of nine months she won't hold any job that requires a teaching certificate.

The agreement last fall between the Ontario College of Teachers and Andrea Morency is posted on the college's web site.

According to a statement of facts, Morency was principal at Algonquin Avenue public school when it received $20,000 between 2007 and 2009 from a teachers’ union-administered fund.

The money was to help students from low-income families, but the Lakehead School Board concluded Morency didn't properly track the funds and purchased items that were unrelated to anti-poverty initiatives.

The statement of facts shows Morency admitted she mismanaged funds, and did not contest that some of the money was used for personal purchases.

Brian Jamieson, Senior Communications Officer with the Ontario College of Teachers, said the College is satisfied with the results.

“We believe that that's probably the same outcome that we would have had with a public hearing on this matter,” he said.

“We're satisfied that we served the public interest in this case by getting everything that we probably could have.”

CBC News was unable to reach Andrea Morency for comment.

The Lakehead school board declined to comment.