University of Rochester

Financial Statement Highlights


bar chart: Longterm Debt

Credit Ratings

Moody's Investors Service rating is based on the University's:

  • Diversified enrollment, with highly reputable graduate programs complementing the University's improved undergraduate demand profile;
  • Strong performance by the health system, although heavy exposure to health care remains a risk;
  • Healthy financial resources and modest additional near term debt plans; and
  • Good operations, driven by revenue growth in the healthcare and research enterprises.

Standard & Poor's rating reflects:

  • History of balanced financial operations;
  • Successful fundraising efforts and growth in sponsored research;
  • Relatively stable demand trends, with good selectivity coupled with strong student quality and good student retention; and
  • A large endowment ($131,000 per student).