NJCU announce $5 million legacy gift from foreign Yemeni philanthropist
Since President Sue Henderson resigned and the NJCU board announced its financial emergency in late June, the school as embarked on a series of belt-tightening measures that include layoffs, the elimination of sports and academic programs and a freeze of employee credit cards.
The university is also considering scaling back its expansion plans, and even selling off some properties being developed on the West Side of Jersey City. While it moves forward with its austerity plan, the school is also hoping state legislators will provide $10 million more in state aid., added: “The NJCU Foundation is incredibly grateful to Monseigneur Murshed for believing in the vision of this university with this historic gift.
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