Fitch Ratings Affirms Delaware Valley University's Revenue Bonds
The University received an investment grade rating of BBB- with a stable outlook from Fitch Ratings
Doylestown, PA (03/14/2024) — Delaware Valley University (DelVal) announced that its revenue bonds have been affirmed for an investment grade rating of BBB- with a stable outlook from Fitch Ratings, one of the nation's "Big 3" credit ratings agencies.
Fitch stated, "DVU's positive revenue trends stem from enhanced enrollment management practices of DVU's relatively new management team, repeated year-over-year (yoy) growth in incoming freshmen, and the launch of new graduate health science programs. These factors helped counteract unique cost pressures and the stagnant population of traditional undergraduate students in the highly competitive region from which DVU draws its students. The ratings also consider DVU's unique combination of niche agricultural, biological sciences, and natural resources programs within a private university setting, and its focus on experiential-style learning including on-campus work experiences."
"The rating is an endorsement of our commitment to fiscal discipline and success in recruiting new students in this competitive environment," said DelVal's President Dr. Benjamin E. Rusiloski. "We are pleased that our commitment to experiential education resonates with students and their families. This positions us well for continued growth."
To view the rating in its entirety, click here.
About Delaware Valley University
Delaware Valley University is a private, comprehensive, nonprofit university educating students with a curriculum that emphasizes and requires experiential learning. Located in Doylestown, Pennsylvania, about 30 miles north of Philadelphia, the University offers 28 undergraduate majors in business, arts and sciences, and agricultural and environmental sciences; ten master's degrees; and a doctorate in education. Founded in 1896, DelVal has been cited by the National Society for Experiential Education as having the country's top experiential learning program, by Princeton Review as one of the best colleges in the Northeast, and by College Factual as having one of the top 20 animal science programs in the country.
Delaware Valley University
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