On Wednesday, June 30, Moody’s Investors Service has affirmed Fairmont State University’s stable outlook with an A2 rating to the University’s revenue refunding bonds, maintaining its score from the most recent ratings received in 2018. Although national trends are reflecting downgrades in ratings for higher education institutions as a result of the COVID-19 pandemic, Fairmont State University has remained stable due to its financial position and leadership under President Mirta M.
Matt Swain, Fairmont State University Chief of Police and Emergency Management Director, was among the sixteenth class of Generation Next: 40 Under 40 leaders recognized by The State Journal on Thursday, June 17 during a celebration at the Robinson Grand Performing Arts Center. Each year, Generation Next honors emerging leaders in various industries throughout the state for their achievements within their respective communities and the workforce.
Fairmont State University invites the community back to campus to enjoy the area’s only Chick-fil-A and Starbucks. The University announced a phased reopening of its campuses beginning on Wednesday, May 5, with the University reopening Dining Services and Falcon Center restaurants to public patrons.
The results from the 2020 audit were highlighted by the University’s independent auditing firm, Suttle and Stalnaker, during today’s Board of Governors meeting. The findings presented demonstrated the University concluded its fiscal year in strong financial standing for the third consecutive year.
In an effort to assist students and families who have been impacted by the current pandemic, the Fairmont State University Board of Governors (BOG) voted to approve the proposed 2020-2021 budget without increasing tuition and fees.
During today’s Board of Governors meeting, Suttle and Stalnaker, the institution’s independent auditing firm, presented the results of the 2019 audit, showing the University has finished the 2019 fiscal year in a strong financial position. This is a continuance of last year’s focus on cost saving/containment and strategic intiatives implemented by the administration in January of 2018.
Fairmont State University has again finished its fiscal year 2019 with a strong financial position. This is a continuance of last year’s focus on cost saving/containment and strategic initiatives implemented by administration in January 2018.
Fairmont State University finished its fiscal year (July 1 – June 30) in a strong position as the most financially solvent four-year institution in the state. Solvency, is defined by the number of days an institution will remain operational using the amount of cash they have on hand.
Fairmont State University finishes fiscal year 2018 with a strong financial position following President Mirta Martin’s implementation of cost saving/containment and strategic initiatives in January 2018.
In September, Fairmont State University’s Interim President Stephen B. Jones announced that Christa Kwiatkowski was named interim CFO and Vice President Administration and Fiscal Affairs. On Monday, President Mirta Martin affirmed Kwiatkowski’s position as the permanent CFO and Vice President Administration and Fiscal Affairs.
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