UA Live

It’s Academy Awards season, when the best motion pictures are honored.

It’s also Ivy Awards season, when the nation’s best restaurant and food-service operations are celebrated. This year, The University of Akron’s Dining Services operation is among the handful of finalists for the coveted national award and a place in the elite Ivy Society.

Winners will be announced May 17-20 at the National Restaurant Show in Chicago. UA is competing in the noncommercial operations category against universities across the nation. (more…)

Moody’s Investor Services has affirmed the University’s solid A2 credit rating as the University prepares to sell bonds to finance the second phase of the New Landscape for Learning initiative. UA’s rating, classified by Moody’s as “upper medium grade” with “low credit risk,” affects the University’s interest rate on borrowed funds.

The A2 rating is a very positive reflection of the University’s current financial position, according to Dr. John Case, UA’s vice president for finance and administration/CFO. In its evaluation, Moody’s cited the University’s strong enrollment growth (up 10 percent since 2004), its growth in revenue and fund-raising, its total financial resources and its sustained positive operating performance. (more…)

The University of Akron is continuing its successful fund-raising efforts after a record-breaking fiscal year 2006-07, the University’s Board of Trustees reported at its meeting Jan. 23.

The Board reported giving to the University for July through November 2007 totaled $21.5 million, 76 percent more than the $12.2 million received for the same period of 2006. The number of gifts increased 14.4 percent to 8,616 in July-November 2007, from a total of 7,531 for the same period in 2006. The trend continued into December 2007, closing the University’s highest-ever first half of a fiscal year at $26.4 million. (more…)