Moody's Ratings assigns initial Baa3 to Bio-Med Science Academy STEM School, OH's rev bonds; outlook is stable

Moody’s Ratings has assigned an initial Baa3 rating to the revenue bonds issued by Bio-Med Science Academy STEM School in Ohio, with a stable outlook. The rating reflects the institution’s strong academic performance and its role as one of seven public, independent STEM schools in the state, offering a comprehensive K-12 curriculum. The school serves approximately 344 students in grades 9 through 12, with a graduation rate exceeding 95%.

According to the U.S. News ranking, the school ranks #510-715 in Ohio and #13,427-17,901 nationally. Student performance on state assessments shows a 73% proficiency rate in science and a 47% proficiency rate in mathematics. The school’s demographic profile indicates that 89.7% of students identify as White, with 13% classified as economically disadvantaged.

The stable outlook underscores the school’s consistent academic focus and its alignment with STEM-based learning, which emphasizes critical thinking, problem-solving, and collaboration. As a public institution, Bio-Med Science Academy is supported by state and local funding, and financial sustainability tied to enrollment.