Waubonsee Community College received news this month that reaffirms its efforts to responsibly and effectively manage funds, even during the challenges of the pandemic.
Moody’s has reaffirmed the college’s Aa1 rating, with a stable outlook. This rating is just one step from a Aaa rating, the highest available, and is seen as a strong endorsement of the college’s financial stability.
The announcement comes on the heels of the college’s recent rollout of its pandemic relief plan, aimed at providing economic relief to both district taxpayers and students. With a combination of budget reallocations and federal COVID-19 relief grant dollars, the college was able to take actions that will result in smaller property tax bills for district residents, along with providing direct scholarship dollars to students for the current spring semester.