State gives cash-strapped NJCU until March 2025 to find fiscally sound partner [Video]

Strategic Partnerships and Alliances

Post author By Curator
Post date July 12, 2024

Financially distressed New Jersey City University must find a “fiscally sound” university to partner with by the end of March 2025, the state agency that oversees higher education said a four-page transition plan.

The succinct report from the Office of the Secretary of Higher Education (OSHE) sets a timeline for the Jersey City school that announced it financial emergency two years ago to meet recommendations by the state-appointed fiscal monitor Henry Amoroso.

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