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Washington Higher Education Facilities Authority

Washington Higher Education Facilities Authority

Supporting the financing needs of Washington's nonprofit, independent colleges and universities through tax-exempt bonds.

Walla Walla University

Walla Walla University

204 South College Avenue, College Place, WA 99324

www.wallawalla.edu

Walla Walla University is a fully-accredited comprehensive college that enrolls more than 1,900 students in liberal arts and professional programs.  The university, founded in 1892 by the Seventh-day Adventist Church, seeks in its mission to foster the unique gifts of every individual within this community of faith and discovery. 

The University offers six bachelor's degrees in more than 42 areas of study, six master’s degrees, an associate of science degree with five concentrations and graduate programs in education, biology, psychology and social work.  In recent graduating classes, the most popular undergraduate majors were in the areas of business, health professions, engineering and education.

Located in the Walla Walla Valley of southeast Washington, Walla Walla University also operates a School of Nursing in Portland, Oregon, and a marine station near Anacortes, Washington. A graduate social work program is offered in Missoula and Billings, Montana. 

Walla Walla University is currently completing construction on a new Administration Building, the largest of several campus revitalization projects undertaken in the last five to six years. 

In 2005 Walla Walla University undertook its first financing with the Authority.  The financing was for $3,963,000 with a net interest cost of 5.4% through the Streamlined Tax-Exempt Placement (STEP) program.   The proceeds of the bond were used to refinance a taxable loan for the construction, furnishing and equipping of the Mountain View Apartments and to finance other capital improvements on the University’s campus. 

* Name changed from Walla Walla College to Walla Walla University, August 2007.


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