SLU Achieves Record Enrollment, Maintains S&P Rating
St. Lawrence University has exceeded its enrollment targets for the incoming Class of 2021 this fall. Although the total number of students who matriculate will not be final until the institutional census in September, enrollment is expected to be one of the institution’s largest class sizes in recent history.
“This achievement is a strong testament to St. Lawrence University’s brand, areas of academic distinction, and student outcomes, particularly in a recruitment season that held a great deal of uncertainty for private colleges and universities in New York State,” commented President William L. Fox. “Although it is difficult to assess the true impact of the new Excelsior Scholarship Program at SUNY and CUNY institutions in the first year, we had exceptional results finding the right students who are a great fit with St. Lawrence.”
The record number of students who made a deposit to ensure their seat at St. Lawrence totaled more than 720, which was approximately 4.5 percent more than the target number. St. Lawrence also increased its yield over last year of depositing students from 23 to 25 percent of those who were accepted.
“St. Lawrence is ready to welcome its Class of 2021 in August,” said Vice President and Dean of Student Life Joseph Tolliver. “From our Global Gateways Program for international students to our First-Year Program, Student Life and Academic Affairs are finalizing the details that make the St. Lawrence student experience exceptional and one of the best in the nation.”
The current composition of the incoming class is more than 14 percent students of color, more than 9 percent international, more than 16 percent first generation students, and 35 percent student-athletes. Forty-four students from across Northern New York will enroll in the Class of 2021 at St. Lawrence University as part of the Augsbury/North Country Scholarship program. The Class of 2021 is expected to include more than 110 legacy students, that is, students with a relative who attended St. Lawrence.
Last week, St. Lawrence was recognized for its “relatively stable enrollment trend” by Standard & Poor’s Financial Services LLP (S&P). S&P Global Ratings affirmed its stable outlook and ‘A’ long-term ratings on revenue and refunding bonds issued for St. Lawrence. According to S&P’s ratings release, “The affirmed long-term ratings reflect our view of St. Lawrence University's very strong enterprise profile and strong financial profile.”
President Fox discussed St. Lawrence's record enrollment in light of New York State's new Excelsior Scholarship with WWNY TV Channel 7 news.
For more information about St. Lawrence, visit www.stlawu.edu