LAFAYETTE, La., July 20 -- The University of Louisiana at Lafayette issued the following news release:
S&P Global Ratings has affirmed the University of Louisiana at Lafayette'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 UL Lafayette'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.
Read the full report here.
University of Louisiana Sy...