Adelphi University’s financial strength and strategic focus have once again earned national recognition.
S&P Global Ratings has reaffirmed the University’s ‘A-’ credit rating with a stable outlook, underscoring Adelphi’s sound fiscal management and long-term stability. This rating reflects S&P’s in-depth analysis of Adelphi’s financial health and creditworthiness and affirms confidence in the University’s ability to deliver on its mission while navigating today’s economic and higher education landscape.
Adelphi’s solid rating is closely tied to its Momentum 2 strategic plan, which emphasizes five key pillars of institutional strength: streamlined operations, enhanced infrastructure and technology, effective fundraising, enrollment growth and a strong commitment to sustainability.
“In today’s higher education climate, this reaffirmation is a major vote of confidence in Adelphi,” said Vice President of Finance AND Chief Financial Officer Michael Rhattigan. “S&P’s decision reflects our strong financial stewardship and strategic management, even amid ongoing regional and national enrollment pressures.”
Adelphi’s stable outlook reflects S&P Global Ratings’ opinion that enrollment will continue to stabilize and that the University will maintain its disciplined approach to expense management to improve operating performance, while at least maintaining its other financial resources.
”At a time when other U.S. colleges and universities—including many highly selective institutions—are facing downgrades, this outcome highlights Adelphi’s resilience and forward-looking planning,” Rhattigan said.