Oct. 13-19, 2000
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NEWS COLUMN
Bond rating upgraded
Check out free e-books

Envisioning the University transformed: Casteen seeks comment on 2020 reports
Foundation to fund biomedical research
U.Va. scientist leads team in atmospheric research in Africa

New faculty beef up psychology department

Hot Links -- Brooks Hall
Notable -- awards and achievements of U.Va. faculty and staff
MTV tours U.Va.
Faculty Actions -- from Oct. BOV meeting
New faculty and staff resource fair to be held Nov. 8
McIntire helped launch art, music and commerce at U.Va.
Applications being accepted for University's Administrative Internship Program
Engineering collaborates on semiconductor manufacturing
IBM is a long-time supporter of U.Va.
El Nino was active during last ice age
University takes top award in Internet contest
Education students show high rate of volunteerism
Cavalier Inn books conferences
Hot Links
Graduation weekend May 20-21

Bond rating upgraded

Moody's Investors Service has upgraded the University's credit rating to Aaa, the highest possible rating. U.Va. joins Texas and Michigan as the only public schools at that level, President John T. Casteen III told the Board of Visitors Oct. 5.

The upgrade is based on the University's:

superior balance sheet position, with over $2.5 billion in its endowment and related foundations, and only $323 million of total debt outstanding; excellent student demand for undergraduate and graduate programs, attracting a geographically diverse and academically strong applicant pool;
manageable plans for additional borrowing;
improved operations at the academic medical center, and strong overall University operating performance from a diverse revenue base.

See Board approves new agreement with state.


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