2. This Year and Beyond

3. 2005: Why did you decide not to attend NJIT?

4. I wanted to attend a more prestigious school. Prestige: level of respect at which one is regarded by others New Flexible Plastic Solar Panels Are Inexpensive And Easy To Make

5. NJIT Campus Gateway Plan

6. NJIT Campus Gateway Plan Objectives Grow the Greek community to levels above 1990 on a normalized basis Members/Greek org 19902006 3018 Enhance the physical/social/recreational environment of the Greek community Ensure viability of the Greek community Develop a “college town” neighborhood with amenities for students, faculty, staff, community Ensure a development effort that enhances NJIT and the community

7. Master Plan

8. Greek Village MLK Gateway St. Michael’s University Park

9. MLK Pedestrian “thread”

12. 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

13. 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

14. Existing Plan 2007 Lock Street Warren Street Martin Luther King Boulevard Central Avenue Raymond Blvd. Summit St. Colden New St. Lock Street Warren Street Martin Luther King Boulevard Central Avenue Raymond Blvd. Summit St. Colden New St.

15. The Newark Institute Product & Process R&D Pilot-scale Bio-production Center Technology Showcase Business Development Support Clinical Trial Support Academic Research Stimulus www.newarkinstitute.org

16. State appropriations per student have not changed in real $$; very best case is they stay flat; pressure on state budget is to  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

17. About 65% of the revenue to deliver the educational program comes from tuition and fees. Pressure is to  tuition increases;  additional revenue comes from additional enrollment

18. Enrollment increase through Marketing Recruiting MS programs “New” programs (I want a larger school; NJIT does not offer the program I want)

22. 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

23. 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

25. Program Development

26. Enrollment/Resource Development 30 “new” (many subdivided and/or repackaged) programs over three years) 26 tenure –track hires over two years All “Early Retirement” funds folded back into tenure-track positions Additional faculty hires dependent on enrollment increases

27. This Year and Beyond