S&P Global Ratings has affirmed the Â鶹AV’s A- revenue bond rating and BBB+ lease appropriation bond rating, maintaining a stable outlook. The ratings remain unchanged from the previous year.
In its report, S&P cited Â鶹AV’s enrollment growth, research enterprise, financial resources and continued state support, while recognizing actions the University has taken to strengthen financial oversight and improve its long-term financial position. The stable outlook reflects S&P’s expectation that the University will continue building on that progress.
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University of Louisiana System President and CEO Dr. Rick Gallot said the affirmation reflects the importance of continued financial discipline.
“S&P’s decision to maintain Â鶹AV’s credit ratings reflects the University’s consistent application of sound financial principles. This outcome is expected when strong fiscal management is in place, and it underscores the importance of staying disciplined as Â鶹AV continues strengthening its financial position," Gallot said.
That focus on long-term financial stability is central to the Board of Supervisors’ oversight of each University of Louisiana System institution.
“One of the Board’s most important responsibilities is ensuring our universities remain well-positioned to serve students for the long term,” said University of Louisiana System Board of Supervisors Chairman Mark Romero. “Independent affirmations like this are encouraging because they recognize meaningful progress while reminding us that sustained success comes through disciplined stewardship and continued focus.”