On June 1, Saint Joseph University officially merged with the University of Sciences, causing Crosstown campuses to be an institution under the name of Saint Joseph. At the University of the Sciences, it allows an immediate expansion of academic programs, taking advantage of the experience of the members of the faculty that are already on the campus.
for the University of Sciences, the agreement offers continuity for students in the midst of financial challenges in recent years that led Fitch qualifications and Moody's investor service to degrade the custom -to -measure institution that their endowment funds decreased.
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Mark Reed, president of Saint Joseph's, said the University Strategic Plan includes looking for opportunities to expand its academic portfolio, which made the fusion an option an option attractive.
"Now, we do it, as all institutions would do, normally through incremental changes, responding to the market needs, etc.," said Reed. "But we were also very clear in our strategic plan , given where we are located in Philadelphia, given the region, given the number of institutions, that there may be opportunities to do something bigger and bold, such as a fusion or acquisition. "Googetag.cmd.push (function (function (function ) Googetag.display ("dfp-ad-article_in_article");););
There is no money changed hands to facilitate fusion, Reed said, explaining that "Saint Joseph University is absorbing all assets and all responsibilities of the University of Sciences."
Saint Joseph's, a Jesuit the university established in 1851 has a rich history as an institution of liberal arts. The University of Sciences has long focused on medical care professions. Founded in 1821, the University of Sciences was home to the First School of Pharmacy in the United States, Saint Joseph has more than 6,500 students, while the University of Sciences enrolled in around 2,000.
while Saint Joseph already had some health -related programs, including several specialties and an autism education and support center, did not have a faculty of health professions. Now, with established and accredited programs in areas such as Physiotherapy, Pharmacy and others.
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reed He said there is also potential for new programs or interdisciplinary growth.
but there was a certain degree of overlap between the two universities, redundancies in certain areas. An example is athletics. Saint Joseph has an athletics program of Division I, while the University of Sciences competed at the level of Division II. Unable to operate Multiple sports departments at different levels of competition of the NCAA, Saint Joseph finished the Division II program.
“It would be impossible not to have any redundancy, since both institutions were completely integral institutions, from top to bottom. Therefore, we have had some wear, both in terms of academic personnel and administrative staff, ”Reed explained.googetag.cmd.push (function (
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