Hobart and William Smith Colleges have been recognized among the nation’s financially strongest private higher education institutions in Forbes’ 2026 Financial Report Card: The Weakest and Strongest Private Colleges in America.
The annual report evaluates the financial health of more than 900 private colleges and universities nationwide, measuring factors such as liquidity, operating performance, and long-term financial sustainability.
HWS President Mark D. Gearan said the recognition reflects the institution’s strategic direction and the support it continues to receive from students, families, and alumni.
“This recognition reflects the strength of HWS’ future-focused strategy, and the confidence alumni, families and students continue to place in our mission,” Gearan said. “At a time when the higher education sector is facing challenges, HWS is investing in innovation, student access and academic excellence from a position of strength.”
The recognition comes as the Geneva-based colleges continue to experience enrollment and fundraising momentum. HWS reported a 20 percent increase in enrollment for its incoming Class of 2030.
The institution is also nearing completion of its “Further Together: The Campaign for Our Third Century” fundraising effort. As of June 1, the campaign had raised $353 million toward its $400 million goal, including $216 million secured during fiscal years 2024 and 2025.
Among the campaign’s largest contributions was a $70 million gift from alumni L. Thomas Melly ’52 and Judith Hershey Melly made one of the largest donations made to a college or university in the United States during 2024.
According to Forbes, nearly half of the colleges and universities evaluated in this year’s report received a grade of C or lower.
The rankings were compiled using data from the U.S. Department of Education’s National Center for Education Statistics and higher education analytics and consulting firm Perspective Data Science.
