Document Type
Other
Publication Date
2021
Abstract
FY 2021.
For the year ending June 30, 2021, the University again demonstrated positive results and operated with a balanced budget. Net tuition and fee revenue grew by 5% over prior year, reflecting the continued growth in the student population. Total net assets increased by $105 million, which represents more than a 29% increase over prior year and a 49% increase over the last three years. In addition, the University has maintained solid long-term bond ratings with Standard & Poor’s (A) and Moody’s (A3). The University continues to align its operating budget with its Strategic Plan to ensure we are investing in the future.
Recommended Citation
Sacred Heart University, "Financial Summary 2021" (2021). News, Magazines and Reports. 83.
https://digitalcommons.sacredheart.edu/univpub_newsletters/83
