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November 12, 2013

University of Montevallo receives upgraded rating from Standard & Poor’s

The University of Montevallo is pleased to announce that Standard and Poor’s Ratings Services has recently upgraded the long-term rating for the University from “A-” to “A,” and notes the outlook as stable. The upgraded rating comes at a time when state funding for public higher education has declined for a half decade, and so is not only impressive but also becomes doubly important in the University’s ability to utilize financial resources that will help meet the needs of its students – both present and future.

The ratings reflect S & P’s view when considering strong financial resources for the rating category, a moderate maximum annual debt service burden, good revenue diversity and a history of not only avoiding the use of reserves but also, in most cases, increasing them.

The report also cited increased demand and enrollment as a positive factor in its rating decision, noting that as the only public liberal-arts university in Alabama, Montevallo serves a niche market, with potential students exhibiting a degree of self-selection in their decision to apply. Freshman applications have increased by 22 percent during the last four years, and S & P noted that they consider tuition for a full-time, in-state student ($9,330 for the 2013-2014 academic year) very affordable.

“In a time of economic challenge when many colleges and universities are being downgraded, we are pleased to have received the upgrade,” stated DeAnna Smith, vice president for business affairs at UM. “I’m privileged to work with a campus community who are excellent stewards of University resources and have embraced our financial health goals. To be able to continue to offer the high-quality education for which Montevallo is known, while enduring the sharp reductions in state funding, and still be recognized for our financial health is gratifying.”

Press ReleasesSeptember 20, 2017

President’s Outdoor Scholars Program promote National Hunting & Fishing Day at state press conference

On Tuesday, Sept. 19, representatives from several Alabama outdoor organizations gathered for a press conference at the Lower Wetumpka Shotgun Sports Club to promote the forthcoming National Hunting and Fishing Day on Sept. 23.  William Crawford, director of the University of Montevallo President’s Outdoor Scholars Program, was one of six speakers at the press conference. He discussed how the program not only engages […]

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Press ReleasesSeptember 20, 2017

Hazel Green student elected student trustee for SGA

Colton Williamson, a University of Montevallo senior from Hazel Green, Alabama, was recently elected student trustee for UM’s Student Government Association.   Williamson is a senior finance and marketing double major at the University. In addition to serving on SGA as trustee, he also serves as the college of business senator. Williamson is an honorary member of the National […]

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Press ReleasesSeptember 15, 2017

Montevallo and Lawson State announce partnership with continuUM program

The University of Montevallo and Lawson State Community College have announced a partnership to offer students easy transition from the community college to the four-year public university. The formalized program, continuUM, offers Lawson students guaranteed admission to UM after earning 24 transferable credit hours. “This collaborative effort reflects a perfect example of what universities and […]

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