NJCU President Sue Henderson speaks during the A. Harry Moore School Centennial Celebration in Jersey City, Friday, April 8, 2022. New Jersey City University is asking the state for a $10 million lifeline after its board chairman declared a “financial emergency” Monday at the school board’s quarterly meeting.
“This, combined with a national trend of declining enrollment for college-aged students, has resulted in a long-term erosion in the university’s ability to operate. The pandemic has only exacerbated these issues, reducing enrollment further and accelerating the decline in operating revenue.” The announcement of financial difficulties comes after NJCU expansion on multiple fronts, including a mini-campus on the Jersey City waterfront, the city’s West Side, facilities at the former Fort Monmouth and sports programming.
She noted that NJCU’s four-year graduation rate grew from 9% to 23% this spring and the six-year graduation rate has followed suit from 29% to a high of 39%. “Throughout her presidency, Sue has demonstrated a deep commitment to academic excellence and access to a quality, affordable higher education for our diverse student population,” Scott said.
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