Indiana State, MVC & ESPN Agree On Deal

Indiana State University along with the rest of the Missouri Valley Conference struck a 10 year deal with ESPN Continue reading →

Forbes Magazine Ranks Indiana State Among Top Colleges

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Photo courtesy of http://www.nwitimes.com

Two widely followed annual lists of the top national and regional colleges are out and Indiana State University is once again included in both.

Forbes magazine has recognized Indiana State on its annual list of America’s Top Colleges for the fifth year in a row while Princeton Review’s list of Best Midwestern Colleges recognized Indiana State for the 12 straight year.

Only about 20 percent of the nation’s accredited colleges and universities make the Forbes list, which emphasizes the return students and parents receive from their investment in a college degree, while the Princeton Review bases its list largely on student surveys.

Read the rest here via Indiana State press release.

Indiana State University Selling Debt

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Marketwatch.com is reporting Indiana State University is wanting to sell $20 Million in bonds so it can refund outstanding student fee bonds, and to pay costs of issuance. Fitch provided a detailed analysis and gave the university a grade of (AA-). This should make investors feel comfortable when buying the debt. Debt sale is planned for December 8th.

Here is some highlights of the article:

-As of fall 2014, the university had 11 residence halls with total occupancy for 3,660 students and a 99.5% occupancy rate, including the recently completed Reeve Hall.
-Indiana State has over $110 Million in existing bonds due to residence hall and food services upgrades
– the university’s fall enrollment headcount grew to a record high of 13,183 in fall 2014, increasing by 2,649 students (or 25.1%) over fall 2009.
– ISU’s available funds, defined by Fitch as cash and investments not permanently restricted, grew to about $157 million at the close of fiscal 2014, up 5.8% from the prior year and 39.9% from the period since fiscal 2010.