“We are pleased to have the College’s “A” rating reaffirmed by S&P, and I am grateful to the College’s Board of Trustees and senior leadership team for their stewardship of our finances,” said President Larry Stimpert. “This rating, combined with positive financial ratings from both Forbes and Bain & Company earlier this year, demonstrates that Hampden-Sydney is in a strong financial position as we work and invest resources to strengthen every aspect of the College.”
S&P’s review underscored the importance of the philanthropic support the College has been receiving from alumni and other benefactors. The assessment cited record-setting giving over the last four years and significant growth in the College’s endowment as reasons for confidence and to believe that Hampden-Sydney is well positioned to pursue its ambitious vision and plans.
S&P gave Hampden-Sydney’s enterprise risk profile a strong assessment, pointing in particular to “recent enrollment stabilization in fall 2022 and expected [enrollment] growth” in future years. The report acknowledged the College’s “sustained improvement in selectivity and freshman matriculation rates” on the admission front, and also cited the College’s “sound, stable management team.”