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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 ReleasesJune 11, 2018

UM Concert Choir completes international concert tour of United Kingdom and France

The UM Concert Choir performed in a variety of prestigious locations across the United Kingdom and France as part of their second international concert tour, May 12-23.   Twenty-seven students, along with conductor Melinda Doyle, featured faculty soloist Roderick George and faculty documentarian Becky Halliday, performed in seven venues over 11 total days, including the historic Notre-Dame Cathedral in Paris and King’s College in Cambridge.  “Traveling is one of the […]

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Press ReleasesJune 8, 2018

UM named one of the best colleges for veterans in 2018

The University of Montevallo is one of the best higher education institutions for U.S veterans, according to a recently released ranking by college review aggregator, College Consensus.  Out of 192 total public and private colleges and universities included in the list, UM is ranked 37th, making it one of only three Alabama colleges included in the top 50.  To be considered, each institution had to meet several specific criteria, […]

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Press ReleasesMay 22, 2018

Huntsville student selected as Montage editor for second consecutive year

Erica Lewis, a University of Montevallo student from Huntsville, was recently selected as the 2018-2019 editor of UM’s yearbook, “Montage,” for the second consecutive year. “Montage,” UM’s yearbook since 1907, provides a complete annual history, primarily in pictorial form, of the University, representing the personality of the school and its students. This idea is best reflected in the yearbook’s motto: […]

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