The rating on Connecticut Health and Educational Facilities Authority's bonds, issued for University of Hartford, reflects: A return to fiscal balance and control as evidenced by breakeven results in fiscal 1998, Low but adequate debt and operating liquidity, A high tuition discount rate, and Some recent enrollment downturns attributable to lower numbers of international graduate and undergraduate students. The bonds are secured by the University of Hartford's GO pledge. The university benefits from several new management team members. In 1998, the university hired a new president and a vice president of finance. Two other administrators also are relatively new--a provost intent on imposing academic and financial accountability and a head of development charged with leading a 10 year $150 million