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York College of Pennsylvania Maintains Strong A- Bond Rating with Stable Outlook

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York College of Pennsylvania Maintains Strong A- Bond Rating with Stable Outlook

YORK, Pa.

— York College of Pennsylvania is proud to announce that S&P Global Ratings has

affirmed its A- long-term rating on revenue bonds issued for the College. This rating, paired with

a stable outlook, underscores the institution’s financial position and continued growth.

The rating reflects York College’s solid financial risk profile, characterized by strong financial

resources relative to operating expenses and a successful return to full-accrual operating

surpluses over the past two years. S&P Global also highlighted the College’s recent enrollment

growth, noting three consecutive years of increases supported by a substantial growth in

applications.

"Maintaining our 'A-

' rating is a powerful validation of the strategic work our entire campus

has undertaken to make sure York College remains an educational landmark for

students,

" said York College President Dr. Thomas Burns.

"By focusing on growing our

enrollment and fostering hands-on learning, we are not just enhancing our campus; we

are securing a strong future for our students and the York community.

"

Michael Doweary, Chief Finance Officer and Vice President of Finance, echoed this sentiment,

emphasizing the College’s disciplined fiscal management.

"Earning this rating from S&P Global really speaks to the hard work our team puts into

keeping York College on a sustainable path. Even with economic shifts, we’ve managed

to grow our cash and investments by 13.2% and maintain strong financial resources

compared with operating expenses. Our focus now is to keep that momentum going.

Managing our spending carefully allows us to keep investing in our students and our

mission.

"Key rating highlights include:

Three years of enrollment increases supported by substantial growth in

applications.

Strong financial resources compared with operating expenses.

Relatively low tuition discount rate of 37.9% in fiscal year 2025.

Lower average age of plant compared with that of similarly rated peers.

S&P Global’s stable outlook is a vote of confidence that York College will keep growing while

keeping our finances strong and steady, just as you’d expect from a high-rated institution

###

Established in 1787, York College of Pennsylvania is a private, four-year college located in the city of York, a hub of

arts and industry between Baltimore and Philadelphia. Housed on 190 picturesque acres, the College is known for its

focus on experiential learning and community engagement, serving over 3,800 undergraduate and graduate students

in more than 70 baccalaureate majors, along with 30+ professional graduate degree and certificate programs. Deeply

rooted in the liberal arts and recognized for excellence in its professional business, education, engineering, and

nursing programs, York is ranked among the nation’s Best Value Schools by Niche. The College’s robust recreation

and athletics program is among the best in the region, and is home to 24 NCAA Division III sports teams and 25+

intramural/club sports. A Princeton Review Best Mid-Atlantic College, York prides itself on its experienced, engaged

faculty; its high-impact and student-centric philosophy; and its long-standing commitment to affordability and

accessibility.

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