NY -- Standard&Poor's CreditWire 3/19/98 -- Standard&Poor's today assigned its single-'A'-plus rating to New Jersey Educational Facilities Authority's revenue bonds series 1998C dated March 15, 1998 due July 1, 2029, issued for Richard Stockton State College, N.J. Additionally, Standard&Poor's affirmed its single-'A'-plus rating on the authority's college center building series C, issued for Richard Stockton State College. Standard&Poor's also affirmed its triple-'B'-plus rating on the authority's student housing series D, also issued for the college. The single-'A'-plus rating reflects: -- Good demand characterized by a 51% freshman acceptance rate and 46% matriculation rate, positive transfer admissions, and above-average student quality; -- Positive financial performance, with continued profitability, and a fiscal 1997 surplus
