HAYS — On Tuesday, Moody’s Investors Service released a statement affirming Fort Hays State University’s A1 issuer and A1 bond ratings. At fiscal year-end 2021, the college recorded $36 million of outstanding debt. The outlook is stable.

The affirmation of FHSU’s A1 issuer rating reflects its importance to the State of Kansas (Aa2 stable) as a provider of education as well as its strong fiscal discipline to manage expenses amid enrollment declines. Total cash and investments also support credit quality and reached $177 million in fiscal 2021, including the impact of some federal pandemic relief. 

For the complete story and other information from Moody’s visit https://www.moodys.com/research/Moodys-affirms-Fort-Hays-State-Universitys-KS-A1-ratings-outlook--PR_907937204.