University Financial Statements
The University’s audited financial statements are made available in the late fall or early spring following the close of the fiscal year. These are housed on the University Comptroller’s website, and go back as far as 1999.
The 2025 fiscal year audited statements are expected to be available by late fall 2025.
Click here to visit the University Comptroller’s webpage on the annual financial reports.
Current Bond Ratings
Bonds are a type of security in which an institution or issuer owes the bond holder a debt. When it comes to the University, when it issues a bond, it owes a debt to the bond holder.
Bond ratings are assessments of the creditworthiness of a corporate or government bond. The ratings assess the likelihood that the debt will be repaid, not unlike an individual’s credit score. These ratings are published by credit rating agencies, most notably Moody’s and Standard & Poor’s (S&P) Global.
Below are the University’s current bond ratings and what they mean. You can read more about the University’s current ratings at the links provided below.
| Rating Agency | Rating | Outlook | Relevant Article |
| Moody’s | Aa2 | Stable | March 14, 2025 |
| S&P Global | AA | Negative | March 19, 2025 |
These credit rating agencies also provide sector updates that are relevant to understanding finances across higher education.
- On June 30, 2025, Moody’s issued this report about how a decline in international student enrollment poses credit risk for institutions of higher education due to the loss of revenue.