Fitch Rates University System of Maryland's 2009 Series A-C Revs 'AA'; Outlook Stable

Business Wire, June 08, 2009

Founded in 1988, USM consists of 11 universities and two research institutions. Fall 2008 headcount enrollment totaled 143,457 (excluding overseas programs) and full-time equivalent (FTE) students totaled 107,712. Headcount and FTEs were up 4.2% and 4.3%, respectively, from fall 2007. Based on the state's favorable demographic trends and the system's initiatives to improve tuition affordability, USM projects enrollment growth of approximately 19% over the next decade.

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