BETHLEHEM, PA, May 27, 2026: Today, Moravian University announced that S&P Global Ratings recently affirmed its BBB+ Issuer Credit Rating (ICR). S&P Global also affirmed its BBB+ rating on various revenue and general revenue college bonds issued for the university through the Bethlehem Redevelopment Authority and the Northampton County General Purpose Authority. The rating outlook remains stable.

In a higher education landscape currently marked by regional demographic shifts and market volatility, the affirmation of Moravian’s BBB+ rating and stable outlook serves as strong independent validation of the university’s long-term financial management, organizational stability, and strategic vision. Factors such as a substantial 15.3% full-time-equivalent (FTE) enrollment growth since fall 2022 contributed to this rating outlook.

“Maintaining a stable BBB+ rating from S&P Global is a tremendous milestone that underscores our intentional commitment to fiscal health and sustainable growth,” said Bryon Grigsby, president of Moravian University. “While many institutions across the nation are facing unprecedented challenges, Moravian continues to invest heavily in student-centered experiences, campus infrastructure, and cutting-edge digital transformations. This credit profile gives our students, families, and partners absolute confidence that Moravian is built to thrive well into the future.”

The stable outlook reflects S&P Global Ratings’ assessment of Moravian’s key operational strengths:  

  • Strong Enterprise Profile: Driven by consistent management oversight and institutional stability  
  • Resilient Demand and Growth: Solid tracking metrics that help mitigate broader regional high school demographic pressures  
  • Balanced Risk Assessment: A well-managed financial risk profile backed by robust internal controls and stable resource allocation

“Our stable credit profile is the direct result of collaborative, long-range planning across the university,” said Mark Reed, vice president for finance and administration and CFO of Moravian University. “This affirmation ensures that we retain strong capacity to support our ongoing capital improvements, including the recent completion of the Haupert Union Building (HUB), while keeping the cost of a Moravian education accessible with a high return on investment.”

The full financial evaluation has been published online in accordance with the university’s commitment to fiscal transparency and is available to view on Moravian University’s financial reporting page.  

Media contact:
Moravian University
Michael Corr
corrm@moravian.edu 
610.861.1365

About Moravian University
Moravian University, located in Bethlehem, Pennsylvania, is the nation’s sixth-oldest university and offers undergraduate and graduate degrees and certificates. For more than 280 years, Moravian University’s education has been preparing each individual for a reflective life, fulfilling careers and transformative leadership in a world of change. Moravian University is a member of The New American Colleges and Universities (NACU), a national consortium of private comprehensive colleges and universities working together to graduate extraordinary professionals for a global workforce and society. 

In 2024, Moravian University became part of a World Heritage designation when Moravian Church Settlements — Bethlehem, Gracehill (Northern Ireland, UK), and Herrnhut (Saxony, Germany) joined Christiansfeld (Denmark) as a single World Heritage Site—Moravian Church Settlements. Moravian is just the second university in the United States to be part of a UNESCO World Heritage Site designation and only the eighth university in the world to have this recognition.

Visit moravian.edu to learn more about how Moravian University prepares its students for lifelong success.