NEW YORK (Standard&Poor's) Nov. 30, 2005--Standard&Poor's Ratings Services assigned its 'AAA' long-term rating to Massachusetts Health and Educational Facilities Authority's $130 million revenue bonds series 2005C, issued for Harvard University. At the same time, Standard&Poor's affirmed its 'AAA' long-term on the university's revenue bonds and its 'A-1+' short-term rating on the university's variable-rate demand bonds and commercial paper notes. The 'AAA' rating is based on the university's unsecured GO pledge and is supported by its overwhelming financial resources provided by an endowment of $25.9 billion as of June 30; strong revenue diversity and demonstrated ability to raise funds; and impressive demand for academic programs at the undergraduate, graduate, and professional levels. The 'A-1+' rating
