Unrest on the campus boiled the surface in recent months among faculty members and students who say Jordan's administration is having a negative effect on King.
They say Jordan has been unresponsive to their concerns that he and his officers are overextending the college's reach to satellite campuses in Knoxville and Nashville to the detriment of the main campus in Bristol.
The president has defended his recent policies, saying the higher-education landscape is undergoing drastic changes, and he is attempting to unsure the viability of the institution into the future.
On Monday, staff members held a closed-door meeting where they voted 62-30 that they had no confidence in the current administration.
King issued a statement Tuesday saying Jordan was still the leader of the school.
On the day of the faculty vote, an online fundraising drive organized by a former student pledged $1 million to the university over five years, contingent on Jordan's removal from office.
The campaign has so far raised nearly $213,000 from 174 donors, with an average donation of $1,100.
Check back later for more information as this story develops.