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S&P Reaffirms Adelphi's A-, Stable Bond Rating

Garden City, NY (06/09/2025) — Standard & Poor's (S&P), the global leader in financial market intelligence, has reaffirmed Adelphi University's credit rating of A- with a stable outlook. This rating was determined by S&P's comprehensive evaluation of the University's financial health and creditworthiness.

"In today's higher education climate, this reaffirmation is a major vote of confidence in Adelphi," said Michael Rhattigan, Adelphi's chief financial officer. "S&P's decision reflects our strong financial stewardship and strategic management, even amid ongoing regional and national enrollment pressures."

Adelphi's stable outlook reflects S&P Global Ratings' opinion that enrollment will continue to stabilize and that the university will maintain its disciplined approach to expense management to improve operating performance, while at least maintaining its other financial resources.

"At a time when other U.S. colleges and universities-including many highly selective institutions-are facing downgrades, this outcome highlights Adelphi's resilience and forward-looking planning," Rhattigan said.

Read Adelphi's full S&P rating.

About Adelphi: A modern metropolitan university with a personalized approach to higher learning

Adelphi University, New York, is a highly awarded, nationally ranked, powerfully connected doctoral research university dedicated to transforming students' lives through small classes with world-class faculty, hands-on learning and innovative ways to support academic and career success. U.S. News & World Report named Adelphi a 2025 Best College, Best Value College, and Top Performer in Social Mobility. In addition, U.S. News & World Report, Forbes and the Wall Street Journal/ America's Top Colleges all ranked Adelphi the top private university on Long Island.

Adelphi serves more than 7,600 students at its beautiful main campus in Garden City, New York-just 23 miles from New York City's cultural and internship opportunities-and at dynamic learning hubs in Manhattan, the Hudson Valley and Suffolk County, as well as online.

More than 121,000 Adelphi graduates have gained the skills to thrive professionally as active, engaged citizens, making their mark on the University, their communities and the world.

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Media Attachments

Adelphi University has received a rating of A- with a stable outlook from Standard & Poor (S&P).

Adelphi University / New York

Taylor Damian, 516-877-4040, tdamian@adelphi.edu

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