![]() Looking at the future, Aromando said the continued decline in high school enrollment will be the largest obstacle for the university to overcome. … At that income level, with New Jersey tag resources and federal pell resources, which are included in this for the state institutions, we’re getting pretty close to zero, if not getting them to zero,” said Aromando. For students that fall into this income level, we’re doing pretty good as far as getting close to them having an extremely low cost or no cost on tuition and fees. “One of the many things focused on was driving an affordability model that meets every income level. Lifting Barriers cut tuition rates by over $10,000 and dropped the university’s tuition sticker price, or its price before discounts and aid, to $45,120 to $35,000 a year. When you think about higher education for your children being an important part of the American dream, I think that hearing concerns like that make want to address that,” said Rasmussen.Īromando pointed to Rider’s “Lifting Barriers” initiative that was announced in 2020, as an effective way to compete with the Garden State Guarantee at public universities. Murphy that has to be like nails on a chalkboard to hear that. I know that to a progressive governor like Gov. “A lot of families and a lot of students say we just can’t afford to right now. Political science professor Micah Rasmussen provided insight into why the state may have implemented a program like this during the pandemic. The Garden State Guarantee also provides a discounted rate to those who have an adjusted gross income between $65,001 and $80,000, stating they will pay a net price of no more than $7,500 for tuition and fees. ![]() Additionally, Rider’s total enrollment is at 3,827 students, which is a decrease from 4,218 students the previous year. At the fall convocation, Rider President Gregory Dell’Omo said Rider’s undergraduate returning student rate dropped from 80.3% to 76.8% this past year. Aromando explained that nationally fewer students are graduating from high school, and the COVID-19 pandemic accelerated enrollment decline. In recent years, Rider’s enrollment has dwindled. ![]() He said nearly 180 new students transfer to Rider each year. I would argue though that having the experience you have at Rider with the professors and the small campus for students who want that, you’re not going to beat that,” said Aromando.Īromando did say the Garden State Guarantee may affect the number of students who transfer to Rider since the tuition reduction is for students’ later years in college. “It sort of tips the scales obviously from the affordability side in the public institution’s favor. However, Rider’s Vice President of Enrollment Management Drew Aromando said the Garden State Guarantee does not eliminate the university’s ability to compete with public universities. According to the university’s website, nearly 7,600 students are expected to take advantage of the program. Some universities, such as Rutgers New Brunswick, have expanded the Garden State Guarantee to offer four years of free tuition if families earn less than $65,000 a year. Qualifying students will receive a tuition reduction during their third and fourth years of study. According to NJ.Gov, the Garden State Guarantee was signed into law as part of New Jersey’s 2022 budget in June and will be implemented for the 2022-23 academic year. The legislation is part of New Jersey’s Garden State Guarantee, which is the state’s promise to make a college degree more accessible and affordable. However, for private universities such as Rider who are unable to access these funds, this new legislation could pose a threat to their enrollment. Phil Murphy signed legislation that funds two years of free tuition to students enrolled at public colleges in New Jersey whose family’s adjusted gross income is between $0 and $65,000 annually. With college becoming more unaffordable for students, Gov.
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