This Year and Beyond
Quality of Life
Private Source
Revenue
Improve Research
Develop Core of
and Intellectual
Nationally Recognized
Property
Programs
Productivity
Master Plan
Honors Campaign
Program Investment/
Reinvestment
Gateway Plan
Athletics
Campaign
New Program
Development
Major Campaign
Stem Cell
Research Facility
Recruit High
Achieving Students
from Diverse
Backgrounds
New Program
Development
2005: Why did you decide not to attend NJIT?
Overall (n = 139)
NJIT's location doesn't appeal to me
62%
I wanted to attend a more prestigious school
The school I will be attending offered me more
financial aid
I wanted to be farther away from home
32%
24%
19%
NJIT doesn't offer the program I want
17%
I wanted a larger school
16%
I wanted to be closer to home
I wanted a smaller school
NJIT was too expensive
0%
10%
6%
4%
10%
20% 30%
40% 50%
60% 70%
NJIT Campus
Gateway Plan
NJIT Campus Gateway Plan Objectives
•
Develop a “college town” neighborhood with amenities for students,
faculty, staff, community
•
Ensure a development effort that enhances NJIT and the community
•
Grow the Greek community to levels above 1990 on a normalized basis
•
Ensure viability of the Greek community
50
45
40
35
30
25
20
15
10
5
0
•
Theta Chi
Members/Greek org
Kappa Xi Kappa
Tau Delta Phi
Sigma Pi
1990
2006
30
18
Alpha Sigma Phi
Pi Kappa Phi
1990
1995
2000
Current
Enhance the physical/social/recreational environment of the Greek
community
Master Plan without Baxter Terrace Redevelopment
Greek Village
MLK Gateway
St. Michael’s
University Park
MLK Pedestrian “thread”
Proposed Plan
Athletics / Recreation
Facility
Potential Academic
Tower
New Student Housing
Gateway Plan mixed
use Greek Village
New Tiernan
gateway
Academic Space
Expansions
New Central Green
Library, CAB and
service core expansion
York Center and parking
garage expansion
New Academic Facility
Central High School
Gateway Plan hotel /
conference center
Existing Plan 2007
Lock Street
Lock Street
MartinLuther
LutherKing
KingBoulevard
Boulevard
Martin
Central Avenue
Central Avenue
New St.
St.
New
Summit
SummitSt.
St.
Warren
Warren Street
Street
Raymond Blvd.
Raymond Blvd.
Colden
Colden
FINAL DRAFT
Financial Business Terms Book
Confidential Proprietary Commercial Information
September 2007
Conceptual Redevelopment Master Plan
for an Area in Need of Rehabilitation
September 2007
NJIT
SUMMARY METRICS
10/4/07
incl Parking
Section
Building
Type
Levels/ Size
SF
Hard Cost psf
Hard Cost
Stabilization Date
MLK Gateway
A thru G
Retail/ Housing
Cinema
see detail
809,550
$139.88
$113,236,532
Q-1/ Year 6
University Park
H thru L
( K excluded )
Retail/ Housing
Hotel / Academic
see detail
346,300
$288.28
$99,832,005
Q-1/ Year 6
Greek Village
M thru R
( M excluded )
Retail/ Housing
Greek Houses
Academic
see detail
153,880
$273.93
$42,151,742
Q-1/ Year 5
St. Michaels
S
( T & U excluded )
Doctors Offc /
Retail
see detail
116,250
$210.00
$24,412,500
Q-1/ Year 5
1,425,980
$196.10
$279,632,779
Plus Soft Costs, Financing, FFE
Plus Marketing, T.I. & Brokerage for Retail Spaces
$265.38
Assumed @ $100 x Footprint SF as applicable
Plus MLK Gateway Site Acquisition Cost
Plus University Park Site Acquisition Cost
Plus Greek Village Site Acquisition Cost
Plus St Michaels Site Acquisition Cost
GRAND TOTAL :
PLUS"Other" Brownstones on MLK
Total w/ "Other MLK Brownstones"
$76,811,922
$21,982,516
$378,427,216
$22,680,700
$10,475,200
$0
$2,500,000
$290.38
$414,083,116
SF
TOTAL COST
106,932
$40,626,250
1,532,912
$454,709,366
Next Steps
•City develops “top level” redevelopment plan encompassing
NHA property, Gateway footprint, Westinghouse, area north of
Orange to tracks by about Dec 1st for submission to Municipal
Council
•JLL explores “incentive” funding to improve IRR
•Tax abatement and exemptions
•Federal assistance
•State assistance
•CRDA
•Establish governance structure
•Multiple redevelopers named (NHA, NJIT, others)
•NJIT redevelopment plan becomes part of RDA
FY2008 Revenue Operating Budget
Revenue = $265,527
($000's)
of Educational
FY94-FY07
Comparison of Percent
Base Appropriation
andCosts
Tuition
& Fee Income
per FTE FY94-FY07 (000' s)
$23,000
70%
$21,000
Restricted
Programs, $64,600
24%
65%
Tuition and Fees,
$95,038 36%
$19,000
$17,000
60%
$15,000
55%
$13,000
50%
$11,000
$9,000
45%
$7,000
FY94
FY96 $ Per
FY98
FY00
FY02
Base Appropriation
Full-Time
Equivalent
Student FY04
FY
07
FY
06
FY
05
FY
04
FY
03
FY
02
FY
01
FY
00
FY
99
FY
98
FY
97
30%
State Appropriations,
$71,097 27%
FY
96
35%
FY
95
Other Revenue
Sources, $34,792
13%
FY
94
40%
$5,000
FY06
Actual Tuition & Fee Income Per Full-Time Equivalent Student
Percentage
Student
Percentage
Tuition, Fee State
& Base
State Appropriation
Per Full-Time
Equivalent Student
State appropriations per
student have not (will
not) change; very best
case is they stay flat;
pressure on state
budget is to Ð higher
ed appropriations
Corzine to Cabinet: Find $3 billion in
budget cuts
Only school aid, rebates appear safe as
governor looks to avert fiscal disaster next
year
Saturday, October 13, 2007
FY2008 Revenue Operating Budget
Revenue = $265,527
($000's)
of Educational
FY94-FY07
Comparison of Percent
Base Appropriation
andCosts
Tuition
& Fee Income
per FTE FY94-FY07 (000' s)
$23,000
70%
$21,000
Restricted
Programs, $64,600
24%
65%
Tuition and Fees,
$95,038 36%
$19,000
$17,000
60%
$15,000
55%
$13,000
50%
$11,000
$9,000
45%
$7,000
FY94
FY96 $ Per
FY98
FY00
FY02
Base Appropriation
Full-Time
Equivalent
Student FY04
FY
07
FY
06
FY
05
FY
04
FY
03
FY
02
FY
01
FY
00
FY
99
FY
98
FY
97
30%
State Appropriations,
$71,097 27%
FY
96
35%
FY
95
Other Revenue
Sources, $34,792
13%
FY
94
40%
$5,000
FY06
Actual Tuition & Fee Income Per Full-Time Equivalent Student
Percentage
Student
Percentage
Tuition, Fee State
& Base
State Appropriation
Per Full-Time
Equivalent Student
State appropriations per
student have not (will
not) change; very best
case is they stay flat;
pressure on state
budget is to Ð higher
ed appropriations
About 60% of the
revenue to deliver the
educational program
comes from tuition
and fees.
Pressure is to Ð
tuition increases; ∴
additional revenue
comes from additional
enrollment
Enrollment increase through
•Marketing
•Recruiting
•MS programs
•“New” programs (I want a larger school;
NJIT does not offer the program I want)
"Peer" Enrollments
Institution Name
Drexel University
University of Missouri-Rolla
Georgia Institute of Technology
Stevens Institute of Technology
Carnegie Mellon
Illinois Institute of Technology
Florida Institute of Technology
NYIT
Cooper Union
University of Alabama in Huntsville
University of Delaware
University of Maryland-Baltimore
Virginia Tech
Clemson University
New Jersey Institute of Technology
Rensselaer Polytechnic Institute
Fall 00
13128
4626
14805
4121
8514
6003
4248
9307
906
6563
19072
5337
27869
17465
8820
8022
Fall 05
18466
5600
17135
4690
10017
6472
4745
10203
1008
7084
20982
5526
27979
17165
8058
6514
Fall 06
19845
5858
17935
4829
9841
6795
4741
10212
990
7091
20380
5498
28470
17309
8209
7433
% Chng % Chng % Chng
00 to 05 05 to 06 00 to 06
40.7%
7.5%
51.2%
21.1%
4.6%
26.6%
15.7%
4.7%
21.1%
13.8%
3.0%
17.2%
17.7%
-1.8%
15.6%
7.8%
5.0%
13.2%
11.7%
-0.1%
11.6%
9.6%
0.1%
9.7%
11.3%
-1.8%
9.3%
7.9%
0.1%
8.0%
10.0%
-2.9%
6.9%
3.5%
-0.5%
3.0%
0.4%
1.8%
2.2%
-1.7%
0.8%
-0.9%
-8.6%
1.9%
-6.9%
-18.8%
14.1%
-7.3%
New Jersey Enrollments
2002
Stockton
Montclair
Kean
Ramapo
TCNJ
Rowan
Wm. Pat
Rutgers
NJCU
NJIT
Community
Colleges
Independents
2006 % Change
6,538
14,673
12,779
5,494
6,948
9,685
10,924
51,480
9,097
8,828
7,212
16,076
13,050
5,499
6,934
9,578
10,599
49,760
8,522
8,209
10.3%
9.6%
2.1%
0.1%
-0.2%
-1.1%
-3.0%
-3.3%
-6.3%
-7.0%
136,446
135,439
-0.7%
138,924
154,085
10.9%
60,315
65,508
8.6%
Data from CHE report
Program Changes from 2000 to 2006
Institution Name
Drexel University
University of Missouri-Rolla
Georgia Institute of Technology
Stevens Institute of Technology
Carnegie Mellon
Illinois Institute of Technology
Florida Institute of Technology
NYIT
Cooper Union
University of Alabama in Huntsville
University of Delaware
University of Maryland-Baltimore
Virginia Tech
Clemson University
New Jersey Institute of Technology
Rensselaer Polytechnic Institute
Added Removed
21
1
15
0
7
2
12
0
51
2
22
6
17
3
10
8
0
0
3
0
8
0
6
1
9
3
12
1
3
0
13
0
Competitor Programmatic Strategies
• Expand into sub-disciplines: subdividing
• Extend program range into non-technical
areas: broadening
• Measured development toward new,
“traditional” degrees
In addition
Invigorate/reinvigorate programs
Conclusions
“Business” is different than 15 years ago
We need to behave as a tuition driven institution
Need to be competitive
•Environmentally (campus physical plant/college
neighborhood/student life)
•Programmatically
NJ 2007 College-Bound Seniors
Intended Majors
Intended Major
Interest
Business Management
17%
Health Professions
16%
Education
11%
Visual and Performing Arts
9%
Engineering
7%
Biological and Biomedical
Sciences
5%
Total
65%
Enrollment/Resource Development
•30 “new” (many subdivided and/or repackaged)
programs over three years)
•26 tenure –track hires over two years
•All FSIP funds folded back into tenure-track
positions
•Additional faculty hires dependent on enrollment
increases
Enrollm ent
10000
9000
8000
Student/Faculty
7000
6000
Enrollment
5000
35
4000
30
3000
2000
25
1000
0
20
15
Faculty
10
5
0
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
450
400
350
300
TT Facult y
250
200
Ot her Facult y
150
Tot al Facult y
100
50
0
Student/Faculty
Student/TT Faculty
FY2008 Expenses Operating Budget
Expenses = $265,527
($000's)
Restricted
Programs, $64,600
24%
Academic Area
Personnel,
$100,982 38%
Reserves, $3,409
1%
General Operating
Expenses, $71,085
27%
Support Area
Personnel, $25,451
10%
The “overhead” of
delivering the
educational
program is about
100%
Co mparison o f Base Ap propriation a nd Tu ition & Fee Income
per F TE F Y94-FY07 (000' s)
$23,000
$21,000
$19,000
$17,000
$15,000
$13,000
$11,000
$9,000
FY
07
FY
06
FY
05
FY
04
FY
03
FY
02
FY
01
FY
00
FY
99
FY
98
FY
97
FY
96
FY
95
FY
94
$7,000
$5,000
Base Appropriation $ Per Full-Time Equivalent Student
Actual Tuition & Fee Income Per Full-Time Equivalent Student
Tuition, Fee & Base State Appropriation Per Full-Time Equivalent Student
At current tuition and fee revenues per FTE,
15 FTE (22 students) demonstrates, on the
macro scale, a need for additional faculty
This Year and Beyond
Quality of Life
Private Source
Revenue
Improve Research
Develop Core of
and Intellectual
Nationally Recognized
Property
Programs
Productivity
Master Plan
Honors Campaign
Program Investment/
Reinvestment
Gateway Plan
Athletics
Campaign
New Program
Development
Major Campaign
Stem Cell
Research Facility
Recruit High
Achieving Students
from Diverse
Backgrounds
New Program
Development
New Jersey Institute Of Technology
Office Of The Registrar
2007 Fall Enrollment by Enrollment Status
(All inquiries regarding official enrollment statistics should be directed to the Office of Institutional Research) Rev. KK 9/18/07
Continuing
Students
Freshman
New Grad
Students
Non-Matric
Students
Readmitted
Students
Transfer
Students
2007
Total
Enrolled
+/2006 Fall
% Of Total
Enrollment
Undergraduate
Full-Time
Part-Time
Total
3027
703
3730
760
54
814
NA
NA
0
9
301
310
70
76
146
311
105
416
4177
1239
5416
41
-21
20
50.4%
15.2%
65.5%
Graduate
Full-Time
Part-Time
Total
1047
795
1842
NA
NA
0
563
248
811
11
132
143
18
46
64
NA
NA
0
1639
1221
2860
70
-39
31
19.1%
15.3%
34.5%
5572
814
811
437
210
416
8276
67
5291
281
67.9%
857
-43
9.9%
951
-140
9.9%
498
-61
5.3%
218
-8
2.6%
394
22
5%
8209
Grand Total
2007
2006 HC
+/- 2006 Fall
% of Total
67
100%
Fall 2008 Enrollment Goals
Actual AY 2007
AY 2008
PT
1239
1348
FT
4177
4267
PT
1239
1348
FT
1641
1651
Total
8276
8617
FT/PT
UG Rate
GR Rate
NJIT Enrollment Fall 2006 (Actual) to Fall 2012 (Projected)
Actual
Projected
2006-2007
2007-2008
2008-2009
2009-2010
2010-2011
2011-2012
2012-2013
Total Undergrad
5380
5416
5615
5776
5978
6203
6391
Total Grad
(MS+PhD)
2829
2860
3002
3142
3346
33558
3809
Total
Headcount
8209
8276
8617
8918
9327
9761
10200
New Jersey Institute of Technology
NJIT Faculty Meeting
Wednesday
October 17, 2007
Provost’s Presentation
Academic Focus Areas
New Jersey Institute of Technology
For academic development, NJIT plans effort and
investment in the following Academic Focus
Areas:
Design and Building (D&B)
Bio and Health (B&H)
Business, Computing, and Information (BC&I)
Program Development
NCE Healthcare Systems Management (EMS)
Energy and Power Systems (MS)
Pharmaceutical Processing and
Manufacturing (MS)
Pharmaceutical Management (MS)
Pharmaceutical Materials Science and
Engineering (MS)
Bioelectronics (MS)
SOM Health Systems Management (BS)
Financial Engineering (BS)
NJSOA Digital Design (BS)
Interior Design (BS)
Art (BFA)
Graphic Design (BA/BS)
Landscape Architecture (BS)
CCS Computing and Business (BS)
Computing and Business (MS)
Business Informatics (BS)
Financial Engineering (MS)
International Business (BS)
International Business (MS)
New Media Business Development (BS)
New Media Business Development (MS)
Management Information Systems (MS)
Enterprise Development (BS)
Enterprise Development (MS)
CSLA Computational Sciences (BS)
Biophysics (BS)
Biochemistry (BS)
Pharmaceutical Chemistry (MS)
Biostatistics (MS)
Law, Technology and Culture (BA)
Program Approval Scheduling
New Jersey Institute of Technology
2007
Sept
Program Project Kickoff
▪ Provost's Office
Oct
Nov
Dec
Jan
Feb
2008
March
April
May
09/05-09/20
Currciulum Devel. and Prog. Dev.
▪ Provost's Office
New Programs
Appendix G
Review by UCRC and Grad Council
▪ UCRC
New Programs
Appendix G
▪ Graduate Council
New Programs
Appendix G
CAA Review
▪ Provost's Office
10-Dec
12-Nov
8-Oct*
10-Dec
12-Nov
18-Oct*
15-Nov
15-Nov
17-Oct*
New Programs
Appendix G
Faculty Review
▪ Provost's Office
19-Dec
12/05-12/19
11/07-11/21
21-Nov*
New Programs
Appendix G
Consultant Report
▪ Provost's Office
13-Feb
30-Jan
21-Nov 5-Dec
20-Dec
Program Announcement (Final Prep)
▪ Provost's Office
Boart of Trustees Review
▪ Provost's Office
AIC
▪ Provost's Office
* Each process opens with a case for programs presentation by the Provost's Office and IRP
** AIC schedule is not yet set.
13-Feb
30-Jan
14-Feb
3-Mar
3-Apr
10-Apr
1-May**
AY07/08 Projects
Task Forces with
Administration and Faculty Council
New Jersey Institute of Technology
Faculty Handbook
–
–
–
–
–
Editing, reformatting, consistency
Review of P&T Process
Graduate Faculty
Professor of Practice
Emeritus Status
Annual Faculty Reporting
Faculty Workplan/Teaching Assignment Process
Role of Senior/University lecturers
Academic Integrity and Class Conduct
New Jersey Institute of Technology
Faculty Handbook and P&T
2002 Middle States Evaluation
– “…the team finds a need for a systematic review of
the Faculty Handbook
– “… particular attention to the section on tenure and
promotion procedures, thereby ensuring uniformity
across colleges.”
– “…required research for promotion and tenure
needs to be clearly documented in the Faculty
Handbook.”
Recommendation: complete a systematic revision of the
Faculty Handbook, with particular focus on ensuring that the
P&T policies are rigorous, clear, and consistent across all
colleges and departments
New Jersey Institute of Technology
Role of Senior/University lecturers
More from the 2002 Middle States Evaluation
– “…the faculty believe greater attention ought to be
directed toward the working conditions and status of
persons in non-tenure track lines.”
– “the team strongly encourages NJIT to continue the
pursuit of programs that emphasize diversity.”
New Jersey Institute of Technology
Other items
Faculty Hiring – search committees will
receive briefings on diversity in recruitment,
and on dual career hiring
ABET reviews
Celebration
Program Reviews