Statement of NJCU Board of Trustees on Selection of Potential Partner
"The University’s Board of Trustees voted today to pursue a strategic merger with Kean University.
The Board’s decision follows a deliberate and thorough evaluation of strategic options aimed at ensuring the long-term sustainability of the University’s mission and strengthening our commitment to students, faculty and staff, alumni and the Jersey City and Hudson County communities we serve.
We recognize and credit the efforts of President Acebo and his leadership team over the past two years to address challenges that some believed were insurmountable. Our success in doing so is evident in that multiple institutions viewed NJCU as a potential valued partner with much to offer.
In announcing today the path forward, the Board – in consultation with President Acebo, members of his administration, and the State Monitor – satisfies the Secretary of Higher Education’s benchmark to identify a fiscally sound New Jersey public institution of higher education and begin the process of memorializing the terms and conditions of a potential partnership on or before March 31, 2025. Furthermore, the NJCU Board of Trustees recognizes and acknowledges the importance of the State’s ÃÛÌÒtv in making the proposed merger with Kean University successful."
– Board of Trustees, New Jersey City University
Resolution Designating Strategic Partner