The University of Virginia has earned an “Aaa” long-term issuer rating from Moody’s Ratings, completing a sweep of the from the nation’s three major bond rating agencies.
Combined with the University’s existing top ratings from S&P Global Ratings and Fitch Ratings, the Moody’s affirmation reflects 鶹ƽ financial strength, disciplined fiscal management, long-term institutional stability and strategic investment in its academic, research and health care missions.
“The Moody’s Aaa rating affirms that the University of Virginia stands on strong and stable financial ground, giving us a solid foundation to chart a new strategic plan that will define our future,” UVA President Scott Beardsley said. “I’m incredibly grateful to our faculty and staff, whose collective hard work enables this durability. This acknowledgment serves as a testament to the standard of excellence they set every day, empowering the University to thrive as a leader in higher education.”
Moody’s cited the University’s superior student market position, strong operating performance and generous donor support in affirming its Aaa issuer rating. The agency also reaffirmed the P-1 commercial paper designation, recognizing the University’s strong market access, effective treasury management and long-term financial strength.
“This achievement reflects decades of thoughtful financial stewardship and disciplined decision-making across the University,” Executive Vice President and Chief Operating Officer Jennifer “J.J.” Wagner Davis said. “Receiving the highest possible rating from all three major agencies affirms the strength of our financial foundation and our ability to remain resilient through changing economic conditions. It provides additional flexibility as we continue investing strategically in the people, facilities and programs that support our mission of excellence in education, research, patient care and public service.”
The University maintains a long-standing approach to capital planning that balances investment in critical infrastructure with prudent debt management. Establishing a debt shelf allows UVA to efficiently access financing opportunities as future capital needs arise while preserving financial flexibility.
The Moody’s rating follows recent reaffirmations of the University’s top ratings from S&P Global Ratings and Fitch Ratings, placing UVA among a select group of public universities nationwide to hold the highest credit rating from all three major agencies.
