Benefitting Rowan University and the economy
In addition to the Restructuring Act, Rowan is anticipating growth on campus thanks to $118 million coming from the State of New Jersey, primarily from the recent $750 million Building Our Future Bond Act, a referendum approved by New Jersey voters last fall.
That funding, among other initiatives, will enable the University to construct new buildings for the Rohrer College of Business and the College of Engineering, doubling the enrollment in both of those schools to 2,000 and 1,500 students, respectively. The funds also will enable Rowan to upgrade technology essential for growth, create an estimated 500 construction jobs and contribute to the regional economy.
Builds the economy
The Restructuring Act and the Bond Act are major factors in bringing to fruition the vision Rowan has for the next 10 years. That vision includes:
- 25,000 students
- A $1 billion operating budget, generating and supporting thousands of jobs
- $100 million in funding for sponsored projects
- A $500 million endowment
- A position as one of New Jersey's most critical economic engines