NEW JERSEY’S INDEPENDENT COLLEGES & UNIVERSITIES
The 14 independent colleges and universities in New Jersey have a long history of meeting the needs of the State and its residents.
Serving All Students
- Our member institutions enrolled 65,608 students in Fall 2014 providing opportunities for students to find the right academic, cultural and social blend to enhance individual learning.
- We enroll 24% of all students attending four-year institutions in New Jersey.
- The overall minority enrollment at our member institutions is 30%, with the undergraduate minority enrollment even greater at 35%.
- Our colleges and universities provide over $689 million in institutional grant aid to undergraduate students.
Meeting the Workforce Demand
- While enrolling 15% of all higher-education students, New Jersey’s independent colleges awarded 20% of all degrees in FY2014.
- Our students earned 24% of all the baccalaureate degrees and 37% of all advanced degrees conferred by four-year institutions in FY2014.
- Our students earned 28% of all the education degrees and 30% of all advanced education degrees conferred in FY2014.
- New Jersey’s independent colleges excel in degrees awarded by four-year institutions in the fields of Science and Technology:
- 30% of all math degrees
- 31% of all nursing degrees
- 46% of all engineering degrees
- 59% of all physical science advanced degrees
- 42% of all chemistry degrees
- 53% of all computer science advanced degrees
New Jersey’s Investment in Independent Higher Education
- Thanks to the Building Our Future bond act and bond renewals, capital support for independent institutions was $73.5 million in FY2013.
- The Tuition Aid Grand (TAG) and Educational Opportunity Fund (EOF) programs totaled $92.8 million in financial aid for New Jersey students attending an AICUNJ institution in FY2014.
- Direct State support in fiscal year 2015 to our fourteen member institutions equaled $1 million.
Contributions to the State of New Jersey
- The economic impact of the sector on the State of New Jersey was more than $10.3 billion in FY2014.
- New Jersey’s independent colleges and universities employ more than 17,000 people.
- Our member institutions saved the State of New Jersey over $186 million in FY2014 -- the price it would cost the State to educate the New Jersey residents our institutions enrolled.
- The fourteen institutions collectively have more than 423,700 living alumni. About 54% of all graduates of these institutions still live in New Jersey.
- Our 14 member institutions will spend over $827 million in 2015 & 2016 on new construction and renovation of campus facilities. These projects will generate many jobs in construction and related industries over the next several years.
- Governor Christie and five of the governor’s Cabinet Members, along with 36 members of the New Jersey State Legislature, are alumni/ae of AICUNJ institutions.