Sentences with phrase «sizable financial reserves»
Iconis and Taylor, in their response letter to auditors, also said that sizable financial reserves were important to the district in obtaining a superior AA1 credit rating from Moody's Investor Services.
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While some students luck out and receive financial assistance by way of grants and scholarships, others are not so lucky and, if they don't have a sizable reserve of personal or familial funds, must rely on student loans to foot the bill.