Discussion Points

Higher Educational Services FY 2016-2017

Discussion Points

Rutgers University, the State University of New Jersey

10. In recent years, there has been growing concern among legislators and the public regarding the steady rise in tuition and fees that leads to higher student loan debt and a decrease in the accessibility of higher education.

A 2015 report from The Chronicle of Higher Education analyzed the extent to which student fees and other institutional resources subsidized the athletic departments of Division I colleges from 2010 through 2014. The report found that Rutgers University spent over $170 million in the five-year period to underwrite intercollegiate sports, more than any other college in the country.

• Questions: Please explain the reasons for the over $170 million subsidy to the athletic department over the five-year period from 2010 through 2014. Please provide the size of the annual subsidy, and the percentage the subsidy represented of the athletic department’s operating budget, starting with the 2005-2006 academic year. What strategy is the university deploying to reduce, if not eliminate, the subsidization of annual athletic department costs by general student fees and institutional resources?

Rutgers Response: Driving down the structural subsidy is a focus of the university administration and our Boards. The increased ongoing revenue resulting from one-time investments will provide the financial support necessary for the athletic department to move towards financial stability and position the program to be self-sufficient when the university receives its full payments from the Big Ten following the six-year transition into the conference. The direct institutional support for our programs is continuing to decline as we approach self-sustainability and full member status in the Big Ten.

The annual support for operations provided to the athletic department by the university over the five year period in question averaged just under $19M per year or just under $95M and has averaged 31% between FY2006 and FY2014. Not included in the five year calculation of institutional support, above, are one-time costs and investments totaling $24 million made in fiscal years 2013 and 2014. Notably, those additional investments are related to our transition to the Big Ten Conference and to the replacement of a previous marketing contract with a new one that will more than double marketing and sponsorship revenue to the athletic program.

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Discussion Points (Cont’d)

For example, although exiting the American Athletic Conference cost Rutgers $11.5 million, the University has projected that over the next 12 years the minimum increase in revenue from moving to the Big Ten will approach $200 million. The enviable return on investment (ROI) for the $11.5 million settlement to exit the American Athletic Conference is 95 percent.

Similarly, the $7 million cost of cancelling a 13-year marketing relationship that generated, in total, approximately $30 million for the university will be more than offset by a new 11-year/$65 million agreement. The agreement includes an option to extend the partnership for an additional 3 years and generate an additional $22 million, or a projected total of $87 million.

This new agreement will more than double the revenues to the university and will capitalize on enhanced opportunities for national corporate support. The 11-year ROI is 84 percent, annually. These are essential business investments that are a part of our program to enable Rutgers athletics to operate from a position of financial stability.

2 Higher Educational Services FY 2016-2017

Discussion Points (Cont’d)

Senior Public Institutions of Higher Education

12. Section 43 of P.L.2009, c.90 (C.18A:64-85) allows a State college, county college, and Rowan University to enter into a public-private partnership agreement, which allows the private entity to assume full financial and administrative responsibility for a project as long as the State or institution of higher education retains full ownership of the land upon which the project was completed. The law also allows a college to lease to a private entity the operation of a dormitory or other revenue-producing facility to which the college holds the title, in exchange for up-front or structured financing by the private entity for the construction of classrooms, laboratories, or other academic buildings. The private entity is then responsible for the management, operation, and maintenance of the facility, while the college continues to hold title to the facility. The private entity can receive some or all of the revenue generated by the facility.

• Questions: Please provide a list of public-private partnership agreements that the institutions have entered into pursuant to this law, including the name of the project, the cost of the project, and the amount of revenue to be generated for the institution and the private entity annually and throughout the length of the agreement. Has any agreement been terminated before it reached its term? Have any agreements for payments-in-lieu-of-taxes with respect to a project been concluded with any municipality in which the projects are located? If so, please summarize the terms of the agreement.

Rutgers Response: This law does not apply to Rutgers.

13a. The public research universities, State colleges and universities, independent institutions, and county colleges were invited in 2013 to apply for approximately $1.3 billion in bond funds under the “Building Our Future Bond Act,” the “Higher Education Equipment Leasing Fund Act,” the “Higher Education Facilities Trust Fund Act,” the “Higher Education Technology Infrastructure Fund Act,” and the “Higher Education Capital Improvement Fund Act.” The Higher Education Capital Facilities Programs Solicitation for Grant Applications set forth a number of criteria for the review and selection of capital projects. On April 29, 2013, the Secretary of Higher Education transmitted a list of projects to the Legislature as required under the law. The list of projects to be funded under the “Higher Education Equipment Leasing Fund Act” and the “Higher Education Technology Infrastructure Fund Act” was submitted to the Joint Budget Oversight Committee in July 2013 for approval or disapproval, as provided under P.L.2012, c.42. Since the Legislature and Joint Budget Oversight Committee took no action to disapprove the projects, the projects were deemed approved by July 2013.

3 Higher Educational Services FY 2016-2017

Discussion Points (Cont’d)

• Questions: For each of the bond funds listed above, please provide an updated table listing the approved projects, total cost, grants from the State, original start and completion dates, and revised start and completion dates, if applicable. Please discuss if there were any unexpected difficulties or problems in complying with reporting requirements or accessing grant funds through the Office of the Secretary of Higher Education. Were there any project timetable delays as a result of process or cash flow issues?

Rutgers response: The requested table is attached. To date there have not been any problems complying with the reporting requirements or accessing grant funds and no project delays have occurred as a result of funding or cash flow.

• Question: What is the institution’s understanding of the process to follow if it perceives that a project’s cost has changed to the extent that it may no longer be feasible to continue without additional State funds?

Rutgers response: The institution has not had difficulty in this area as a result of project cost.

13b. Section 25 of P.L.2012, c.41, the “Building Our Future Bond Act,” requires the Secretary of Higher Education to submit to the State Treasurer and the New Jersey Commission on Capital Budget and Planning with the secretary’s annual budget request a plan for the expenditure of funds from the “Building Our Future Bond Fund” for the upcoming fiscal year. The act requires the plan to include the following information: “a performance evaluation of the expenditures made from the fund to date; a description of programs planned during the upcoming fiscal year; a copy of the regulations in force governing the operation of programs that are financed, in part or in whole, by funds from the “Building Our Future Fund”; and an estimate of expenditures for the upcoming fiscal year.”

• Questions: Was each institution required to submit a project expenditure plan for FY 2017, along with project progress/expenditure reports, to the Secretary of Higher Education or any other department? If so, when was the information requested and submitted? If any report was prepared by the institution, either for internal use or submission to the secretary, please provide a copy.

Rutgers response: Yes, the requested report is attached.

13c. On November 16, 2015, the Secretary of Higher Education announced a second round of funding totaling $180 million from the 2012 “Building Our Future Bond Act” ($34.3

4 Higher Educational Services FY 2016-2017

Discussion Points (Cont’d)

million) and the “Higher Education Capital Improvement Fund Act,” ($146.0 million). Applications for this second round of funding were due by January 15, 2016.

• Questions: How many grant applications has each institution submitted to the Secretary of Higher Education for the second funding round? What is the dollar amount of each application submitted and the total dollar amount of all the applications submitted by each institution? What criteria has each institution used in prioritizing its projects?

Rutgers response: Rutgers submitted applications for 8 projects totaling $98.5 million which represents critical needs. A list of each project is attached.

14. In recent years, there has been growing concern among legislators and the public regarding the steady rise in tuition that leads to higher student loan debt and a decrease in the accessibility of higher education.

• Questions: Please provide the total amount of tuition grants, scholarships, and loans awarded to students and the total number of students who received the financial aid broken down into State-funded, federally-funded, and university-funded assistance for the last three academic years and projected for FY 2016-2017. Please provide the sources of university-funded aid for these years.

Rutgers response: The following table provides the requested financial aid breakdown for Rutgers in academic years 2013-14, 2014-15, 2015-16 (forecast) and 2016-17 (projected):

AY13-14 AY14-15 AY15-16 Forecast AY16-17 Projected Undup Count Amount Undup Count Amount Undup Count Amount Undup Count Amount Scholarships & Grants Federal 17,151 $73,681,165 17,404 $77,116,064 17,620 $79,729,714 17,796 $81,734,916 Institutional 20,040 120,085,595 21,208 128,638,626 20,716 134,106,686 20,923 137,479,469 State 13,667 92,114,427 14,359 98,120,400 14,135 99,016,980 14,276 $101,507,257 Total 28,670 285,881,187 29,763 303,875,090 29,754 312,853,380 30,052 320,721,643

Loans Federal 35,097 429,450,636 34,000 431,002,895 34,042 437,860,047 34,382 $448,872,227 Institutional 98 438,857 140 653,945 121 635,808 122 $651,799 State 1,524 19,802,636 1,270 16,676,215 1,252 17,247,107 1,265 $17,680,872 Total 35,919 449,692,129 34,072 448,333,055 34,141 455,742,962 34,482 467,204,897

Grand Total 43,353 $735,573,316 43,211 $752,208,145 43,349 $768,596,342 43,782 $787,926,540

Institutional Scholarships & Grants Endowment 5,289 $24,608,544 5,691 $26,559,395 5,043 $27,323,223 5,093 $28,010,402 Unrestricted 17,217 95,477,051 17,976 102,079,231 18,040 106,783,463 18,220 $109,469,067 Total Institutional 20,040 $120,085,595 21,208 $128,638,626 20,716 $134,106,686 20,923 $137,479,469

• Question: Has university-funded tuition aid as a percentage of total tuition aid increased over this period?

5 Higher Educational Services FY 2016-2017

Discussion Points (Cont’d)

Rutgers response: Yes. The percentage of scholarships and grants funded by Rutgers has increased slightly from 42.0% in 2013-14 to a forecast of 42.9% at the end of the current year (2015-16).

• Question: Please explain any strategy the institution is implementing in order to limit tuition and student fee increases.

Rutgers response: Throughout the current decade, Rutgers’ faculty, staff, and administration have worked diligently to provide quality educational offerings and related services while holding annual tuition and fee increases to modest levels. Utilizing a combination of enrollment growth and university-wide efforts to do more with less, Rutgers has been able to keep combined tuition and mandatory fee increases for a typical in-state undergraduate to well below 3% (annual average of 2.4%) in all but one of the past five years:

 1.6% from 2010-11 to 2011-12  2.5% from 2011-12 to 2012-13  3.3% from 2012-13 to 2013-14  2.3% from 2013-14 to 2014-15  2.3% from 2014-15 to 2015-16

15. A 2015 report from The Chronicle of Higher Education analyzed the extent to which student fees and other institutional resources supplemented the income of athletic departments of Division I colleges from 2010 through 2014. The report found that Rutgers University spent over $170 million in the five-year period to underwrite intercollegiate sports, more than any other college in the country. In addition, the report stated that the athletic department of the New Jersey Institute of Technology received 90.6% of its 2014 funding from general student fees and other institutional support, also more than any other college in the country.

• Questions: For each academic year starting with the 2009-2010 academic year, please provide the following financial statistics for the institution: a) the operating expenses of the institution’s athletic department; b) the sources of the athletic department’s revenues, delineating income generated by the athletic department, donations, income from general student fees, and financial support from the host institution; and c) the percentage of total athletic department operating expenditures that was paid for out of general student fees and financial support from the host institution. Please explain the strategy the institution deploys, if any, to reduce, if not eliminate, the subsidization of annual athletic department costs by general student fees and institutional resources.

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Discussion Points (Cont’d)

Rutgers response: See attached schedule that provides this data from FY2010 - FY 2014, including a total for all the years. Operating expenses total the same amount as the revenues reflected in each year. Athletic generated income, donor contributions and student fees average around 70% of support (excluding the years when Rutgers had extraordinary expenses that drove up the university support).

The university is unlikely to do away with the student athletics fee. The student fees do not fund football or men's basketball and are used for the 21 other Olympic sport programs and women's basketball. As has previously been stated, eliminating the student fee would negatively impact the sports that rely on it. This action would undervalue and underestimate the role that sports plays in student satisfaction. What's more, cutting fee support would also end free student access to major events in football and men's and women's basketball.

Driving down the structural subsidy is a focus of the university administration and our Boards. The current level of operating support and the one-time investments that were made during this transition period will provide us with the ability generate the stable, predictable and growing revenues that will minimize the subsidy going forward. The direct institutional support for our programs is continuing to decline as we approach self-sustainability as a full member in the Big Ten.

16. On March 22, 2016, the Wall Street Journal published an article entitled “Colleges Brace for Overtime Overhaul” that noted that institutions of higher education across the nation were anticipating rising personnel cost from the pending adoption by the federal government of revised overtime-pay rules. The proposed rules would increase the threshold below which overtime compensation would be mandatory for salaried employees from $23,660 to $50,440. In response to the proposed rule changes, colleges and universities reportedly considered cutting student services, degree offerings, and labor-intensive research.

• Questions: Has the institution considered the impact of the proposed federal overtime-pay rule changes on its operations? All other things being equal, by what amount would the institution’s operating expenses increase if the proposed overtime compensation rule changes were in effect? All other things being equal, by what amount would tuition have to increase to cover the increased personnel cost? How many employees and student-employees would be affected? What personnel management and service delivery practices would the institution change to minimize the cost impact of the proposed rule changes?

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Discussion Points (Cont’d)

Rutgers response: The University is still reviewing this complex regulatory revision that could impact several hundred employees. We are currently analyzing the potential impact on costs and staffing.

17. Several pieces of legislation have been proposed that would raise the Statewide minimum wage from $8.38 per hour to $15 per hour. If enacted, this increase could affect many staff of the institutions of higher education, including student-employees.

• Questions: Has the institution considered the impact of a $15 minimum wage on its operations? All other things being equal, by what amount would the institution’s operating expenses increase if a Statewide $15 minimum wage were in effect? All other things being equal, by what amount would tuition have to increase to cover the larger personnel cost? How many employees and student-employees would receive an increase in their compensation? What personnel management and service delivery practices would the institution change to minimize the cost impact of the higher minimum wage?

Rutgers response: The University is monitoring the legislative process and beginning to analyze various scenarios for increases in the minimum wage and the associated potential fiscal impact.

8 Higher Education Capital Financing Grant Programs Certified List of Approved Projects - Spring 2013 Cycle April 1, 2016 RUTGERS, THE STATE UNIVERSITY OF NEW JERSEY

Projects Projects Not Yet Equipment Purchase Under Construction Under Construction Projects Construction % Expected Estimated Estimated Purchasing % Completion Date INSTITUTION Started Complete Completion Start Date Completion Started Purchased (Y or N) Date Date (Y or N)

RUTGERS, THE STATE UNIVERSITY OF NEW JERSEY

047-03 Molecular Imaging and Control Facility for Brain Apr-16 Y 99% Research Creation of a shared facility (none currently exists in NJ) that incorporates the latest photonic technologies for imaging, monitoring and controlling neuronal activity in vitro and in the behaving animal and would benefit many scientists in several Rutgers-Newark units (Center for Molecular & Behavioral Neuroscience - CMBN, Dept. of Biology, UMDNJ, NJIT). Equipment includes an endo-microscopic system, a laser scanning confocal microscope, and a Phasor system to control neuronal activity by delivery of light stimuli.

047-04 Polymer and Nanomaterials Characterization Jun-16 Y 98% Facility (PolyRU-N) Purchase of equip. for a materials characterization facility at Rutgers Newark to advance science and technology of polymers and nanomaterials and improve capacity for research and training students on most advanced instrumentation in STEM fields. Equipment includes: a matrix-assisted laser desorption/ionization time-of-flight mass spectrometer, a 400 MHz solid-state NMR, a combination of differential scanning calorimeter, dynamic mechanical analyzer, and rheometer, a scanning probe microscope and a Raman microscope. Higher Education Capital Financing Grant Programs Certified List of Approved Projects - Spring 2013 Cycle April 1, 2016 RUTGERS, THE STATE UNIVERSITY OF NEW JERSEY

RUTGERS, THE STATE UNIVERSITY OF NJ cont.

047-05 A High Performance Computing Facility for a Aug-15 Y 100% High Profile Campus Purchase of a new supercomputer for the Newark campus to be shared campus-wide. It will be the first High Performance Computing (HPC) facility of Rutgers Newark; will transform research and education realities on campus; and feature computing nodes w. 32 cores each and 384 Gigabyte of RAM each, one head node and a fast storage Lustre utility. Will support research and teaching requiring input and access to Big Data. 047-10 Transforming Biology Lab for Undergraduate Jun-16 Y 99% Students Acquisition of new lab equipment for the general biology course, inc.: data collectors, probes, balances, pipetor, laptops, etc. 047-12 Rutgers University Advanced Compute and Data Jun-16 N 50% Cloud Establishment of Advanced Compute and Data Cloud (an advanced research computational and data environment with large computational and data capacity) that will be available to students and faculty and other NJ institutions and industry. It will be used in research particularly in STEM areas, train the workforce for large capacity computational jobs that are projected and encourage industry to stay in or come to NJ. Higher Education Capital Financing Grant Programs Certified List of Approved Projects - Spring 2013 Cycle April 1, 2016 RUTGERS, THE STATE UNIVERSITY OF NEW JERSEY

RUTGERS, THE STATE UNIVERSITY OF NJ cont.

047-14 GE IN CELL Analyzer 6000 System Y 100% Jun-14 Purchase of GE IN CELL Analyzer 6000 System for research and teaching w/in the Department of Cell Biology and Neuroscience. An instrument that combines an automated, programmable confocal fluorescent microscopy w/ high- content culture systems and automated image analysis, It allows concurrent acquisition of high resolution images for multiple biological molecules with speed and high image quality (no similar imaging system currently exists at Rutgers or UMDNJ).

047-15 A Mass Spectrometry System for Quantitative Y 100% Feb-16 PurchaseProteomics of a mass spectrometry system for quantitative proteomics used for research and teaching at the Biological Mass Spectrometry Facility of Rutgers and RWJMS. Proteomics is the study the sets of proteins encoded by the human genome in different cells and tissues and provides info. at the molecular level about normal processes such as growth, replication and senescence as well as pathological conditions. Higher Education Capital Financing Grant Programs Certified List of Approved Projects - Spring 2013 Cycle April 1, 2016 RUTGERS, THE STATE UNIVERSITY OF NEW JERSEY

RUTGERS, THE STATE UNIVERSITY OF NJ cont.

047-18 Advanced Infrastructure for Computational Y 40% Jun-16 Equipment to support the Institute for Computational Biomedicine, Informatics and Modeling, that will offer the computational infrastructure currently lacking for big data analytics and multidisciplinary basic and translational research with medical schools in NJ, nearby states (Columbia, Harvard, UPENN) and worldwide, life sciences, biopharmaceuticals and other big data analytics research. Equip. incl: storage database for big data access; CPU cluster; communication and online course equip.; visualization equip., monitors human-computer/robot interaction equip., robots and force plates; and related software. 047-25 Chemistry and Chemical Biology Building Construction of new Chemistry and Chemical Biology Yes 35% May-17 Building on the Busch Campus in Piscataway, incl.: new laboratory, teaching and collaboration space allowing faculty to expand and accelerate groundbreaking research in drug design, alternative energy, biomaterials, nanotechnology and molecular engineering. Will also house new core facilities to support broad range of scientists and engineers across campus and beyond. Higher Education Capital Financing Grant Programs Certified List of Approved Projects - Spring 2013 Cycle April 1, 2016 RUTGERS, THE STATE UNIVERSITY OF NEW JERSEY

RUTGERS, THE STATE UNIVERSITY OF NJ cont.

047-26 305 Cooper, Writers House Yes 100% complete Renovation of vacant University-owned historical property on Cooper Street ( known as the Henry Genet Taylor House - built in 1885 and now in disrepair) into the Camden Campus' Writers House, w/ 4,500 sq. ft. to house the English Department and program (one if the largest Departments on the Camden Campus. 047-28 Camden Data Center Infrastructure Update Y 100% Sep-15 Replace aging server infrastructure on the Camden Campus to meet high availability requirements of students and faculty. Rutgers Camden is in early stages of transforming its server infrastructure model to the widespread industry standard of virtualization. 047-29 Camden Data Center Infrastructure Upgrades - Oct-16 Y 25% Camden Back-up Generator Acquisition of an emergency back-up generator to provide service to the building on the Camden Campus that houses the primary network uplink and servers. 047-30 RU Camden Computers and Printers Y 100% Dec-16 Replacement of 815 PC’s and 50 printers at the Camden Campus. Higher Education Capital Financing Grant Programs Certified List of Approved Projects - Spring 2013 Cycle April 1, 2016 RUTGERS, THE STATE UNIVERSITY OF NEW JERSEY

RUTGERS, THE STATE UNIVERSITY OF NJ cont.

047-31 Camden Data Center Infrastructure Upgrades - Feb-16 Y 100% Camden Network 10GB/Sec Upgrade Upgrading core network infrastructure to bring the Rutgers- Camden campus in line with Rutgers- New Brunswick to allow for both improvements to existing applications and addition of new implementations that would allow researchers at the Center for Computational and Integrative Biology to have the higher capacity computing necessary for research, the Law School to stream more data to students and faculty and the Fine Arts to store more digital content.

047-32 Transforming Education, Research, and Training Jan-16 Y 70% in the Biological Science New laboratory equipment for the Center for Computational and Integrative Biology and the Rutgers-Camden Department of Biology including general equipment, equipment for cell biology research and equipment for experiments in genomics/proteomics equipment to validate computational biology models through lab based experiments.

047-33 RU Camden Nursing Y 98% Jun-15 Acquisition of additional patient simulation equipment for the School of Nursing, similar to and compatible with existing equipment that is being used to enhance student learning in a laboratory setting. Higher Education Capital Financing Grant Programs Certified List of Approved Projects - Spring 2013 Cycle April 1, 2016 RUTGERS, THE STATE UNIVERSITY OF NEW JERSEY

RUTGERS, THE STATE UNIVERSITY OF NJ cont.

047-34 RU Camden Enhanced Learning Space Jan-15 Y 100% Technology Modernizing equipment of enhanced classroom services at 88 campus locations, incl. expanding enhanced learning space technology to 8 conference rooms and 18 group study rooms in the library. Equipment consists of high definition video projectors and cameras, Apple TVs to display content from laptops and iOS devices through the rooms' projectors, digital room signage and upgrades to some existing hardware and networking components. 047-35 Network Equipment Replacement and Refresh Yes 99% Jul-16 Y 99% Jul-16 Replacement and upgrade of the University Date Network (RUNet) to provide new tools for higher learning and academics such as data bases and libraries, incl.: replacement of antiquated telecommunications hardware and associated software that is the backbone for university related administrative and academic services. Higher Education Capital Financing Grant Programs Certified List of Approved Projects - Spring 2013 Cycle April 1, 2016 RUTGERS, THE STATE UNIVERSITY OF NEW JERSEY

RUTGERS, THE STATE UNIVERSITY OF NJ cont.

047-36 Ubiquitous Wireless Coverage Yes 60% Dec-16 Y 80% Dec-16 Acquisition of equipment and upgrade of wireless network to provide campus-wide wireless coverage and to prepare network for additional 15,000 users that will be added as part of Rutgers/UMDNJ integration. It will provide coverage in all academic, administrative, residence and common areas. It will expand the RUWireless Network from the current 2,200 access points in 200 buildings to over 6,200 access points in over 400 buildings.

047-37 Commercial Tier III Data Center Yes 99% Jun-16 Y 100% Apr-15 Replacement of the University’s Tier II data centers in the New Brunswick area with a Tier III data center near Piscataway to provide more protection against failures (Tier III has no single point of failure) and consolidate center in one location and renovate current centers to hold equipment that is necessary to be on site. 047-38 Academic Building Yes 55% Aug-16 Construction of a new 162,865 square foot academic facility that will serve as the first dedicated home for the Rutgers School of Arts and Sciences in New Brunswick. It will house lecture halls and classrooms with a total of 3000 seats of instructional spaces well as departmental offices and offices for the Dean of the School of Arts and Sciences. Higher Education Capital Financing Grant Programs Certified List of Approved Projects - Spring 2013 Cycle April 1, 2016 RUTGERS, THE STATE UNIVERSITY OF NEW JERSEY

RUTGERS, THE STATE UNIVERSITY OF NJ cont.

047-39 15 Washington Street - Newark Yes 100% complete Conversion of 15 Washington St. in Newark into a mixed use building. There will be over 39,000 square feet net assignable space on the building’s lower levels including a restored main entrance, a 600 seat tiered large classroom, conference rooms, a new welcome center for alumni and office space for a variety of University departments. The upper levels will offer 350 beds for graduate students in a variety of unit types together with floor common areas. The apartments will take advantage of existing architectural assets and provide much needed graduate student housing in a form that will help Rutgers Newark attract and retain top candidates.

047-40 Institute for Food, Nutrition and Health - Cook Yes 100% complete Campus Construction of a new 80,000 square foot building with 53,000 net assignable square footage on the G. H. Cook Campus facility for the Institute for Food Nutrition and Health (IFNH). IFNH’s mission is to make NJ the “Healthy State” and a model for the nation. The Institute’s defining goal is preventing childhood obesity. IFNH invites and unites faculty and staff for all the Rutgers’s campuses to work on large, multidisciplinary projects of major social and health economic importance. Higher Education Capital Financing Grant Programs Certified List of Approved Projects - Spring 2013 Cycle April 1, 2016 RUTGERS, THE STATE UNIVERSITY OF NEW JERSEY

RUTGERS, THE STATE UNIVERSITY OF NJ cont.

047-41 Pharmacy Yes 15 12/1/2017 Construction of a 48,000 square foot addition to William Levine Hall on the Busch Campus to expand the Pharmacy School. The addition will provide teaching and laboratory space, incl. 2,300 seat auditoriums, 2 collaborative practice simulation labs (community practice and hospital settings), classrooms, administrative pharmacy practice space, labs for basic research in the pharmaceutical and biomedical sciences and an IV admixture room for training students in the preparation of sterile intravenous medications.

047-42 Academic Building Yes 65% Aug-16 This is a CIF grant application for the same New Academic Building project identified in 047-38 for the School of Arts and Sciences. The project also calls for the removal of 100,000 sq. ft. of inefficient, outdated space that currently houses the various departments within the School of Arts and Sciences located throughout campus. Higher Education Capital Financing Grant Programs Certified List of Approved Projects - Spring 2013 Cycle April 1, 2016 RUTGERS, THE STATE UNIVERSITY OF NEW JERSEY

RUTGERS UNIVERSITY cont.

047-43 Nursing Science - Camden yes 30 12/31/2016 Purchase of land and construction of an 119,741 sf facility for School of Nursing & Science on a central Camden site owned by the Camden Redevelopment Agency. Facility will incl: case study lecture halls, “discovery labs”, undergrad. & grad. lounges, group study rooms, teaching labs for biology, chemistry and physics including AV and computer technology. Specialized nursing space will include clinical skills labs, patient simulation labs, a standardized patient health assessment, and advanced AV technology to record student performance.

047-45 Life Sciences Center - Phase II Building - Newark yes 15% 7/1/2017 Campus Phase I of the Life Sciences center was completed in 2005. This project is Phase II -- the construction of a 93,000 sf addition for instructional and research space for the biology, chemistry and neuroscience includes: research and teaching labs, expansion of the imaging suite, a greenhouse on the roof, a bridge to other facilities, and expansion and relocation of vivarium facilities, creating compliance with NIH's guidelines for research grants. A minimum LEED silver certification will be incorporated. Higher Education Capital Financing Grant Programs Certified List of Approved Projects - Spring 2013 Cycle April 1, 2016 RUTGERS, THE STATE UNIVERSITY OF NEW JERSEY

RUTGERS, THE STATE UNIVERSITY OF NJ cont.

047-46 Camden Chemistry Y 98% Jan-17 Acquisition and installation of equipment leading to an enhanced spectroscopy facility. 047-47 Camden Access Switches Y 80% Aug-16 Acquisition and installation of access switches on the Camden campus.

Former UMDNJ projects

058-01 Oral Health Pavilion C Level Yes 95% Jun-16 Compete Level C (currently shell space) of the NJ Dental School's Oral Health Pavilion which will complete the clinical teaching facility, increasing capacity by 96 clinical teaching operatories equipped for DMD and post-graduate dental students. 058-02 Clinical Laboratory Science and Yes 100% complete Interprofessional Health Laboratories at the UMDNJ- School of Health Related Professions Renovation of 4,410 sq. ft. of existing lab and office space in the Stanley S. Bergen Bldg. at Newark campus to create cutting-edge lab facilities and a wellness research facility for undergrad/grad students in biomedical and health sciences. Includes: a large training lab for 24 students, additional lab space; a wellness research support area; and a wellness clinical research facility. Higher Education Capital Financing Grant Programs Certified List of Approved Projects - Spring 2013 Cycle April 1, 2016 RUTGERS, THE STATE UNIVERSITY OF NEW JERSEY

RUTGERS, THE STATE UNIVERSITY OF NJ cont. Former UMDNJ projects 058-03 Oral Health Sciences Laboratory Renovation No May-16 Sep-17 NJDS is seeking funding to renovate 22,800 sf of space to enabling the continued growth, development and expansion of the school’s PhD, Masters and DMD education and research programs. Current labs built in the 1970’s are disjointed, antiquated and do not support the teaching of or conduct of cutting-edge science.

Rutgers CIF Projects 2016

Dollars in Millions

Rutgers Institutions Project Name Cost

Administrative Services Building I Repurposing 35.0 New Brunswick Hickman Hall Renovation 10.0

John Cotton Dana Library Renovation 11.0 Newark Olson Hall Laboratory Renovation 10.0

Artis Building Renovation 3.5 Camden Writers House Addition 7.0

Clinical Academic Building 7th Floor Renovation 17.0 RBHS Research Tower Vivarium Improvements 5.0

Total 98.5

Second Round Bond Project Application - 12-14-15 1 4/8/2016 RUTGERS, THE STATE UNIVERSITY OF NEW JERSEY INTERCOLLEGIATE ATHLETIC PROGRAMS SELECTED FINANCIAL DATA FISCAL YEARS 2010 - 2014

2010 2011 2012 2013 2014 Revenues: Direct institutional support $ 18,411,795 19,429,948 18,462,023 37,106,107 26,001,347 Less: One-time expenses (17,513,704) (6,500,000) Student fees 8,441,092 9,032,350 9,518,734 9,877,989 10,323,094 Contributions & Endowment Income 10,210,741 8,246,103 9,890,462 7,032,882 9,090,630 All Other Athletic Revenues 25,680,678 22,316,578 25,200,943 23,853,560 30,281,656 Total Revenues 62,744,306 59,024,979 63,072,162 60,356,834 69,196,727

Percentages: Direct institutional support 29.34% 32.92% 29.27% 32.46% 28.18% Student fees 13.45% 15.30% 15.09% 16.37% 14.92% Contributions & Endowment Income 16.27% 13.97% 15.68% 11.65% 13.14% All Other Athletic Revenues 40.93% 37.81% 39.96% 39.52% 43.76% Total 100.00% 100.00% 100.00% 100.00% 100.00%