In line with a new semester, UNC Wilmington announced on Monday that it received a “revised outlook” from Moody’s Investor Service. The release of Moody’s “2014 Outlook for U.S. Higher Education” shifted UNCW’s status from “stable” to “positive.”

The credit agency’s revision stems from a variety of factors, including UNCW’s sustained enrollment growth, improved financial resources and favorable operating performance. UNCW holds an A1 rating in its General Revenue Bonds and an A2 rating on its Certificates of Participation. Both of which are crucial for the Outlook assessment.

“We are particularly pleased with this new outlook given today’s economic climate and Moody’s predication for higher education as a whole,” said Charles Maimone, Vice Chancellor of Business Affairs at UNCW, in a press release.

UNCW’s enrollment has grown 16 percent since 2009, the release stated. The university reached its peak enrollent in Fall 2013. Operating cash flow also improved, climbing at 12.5 percent in the 2013 fiscal year compared to 6.9 percent in 2009.

“This is a strong affirmation of our financial leadership team and our commitment to being a leader in higher education financial management in these transitional times,” said UNCW Chancellor Gary L. Miller in a statement.