Rutgers Gets $12.5M to Bring in Medical Schools
Rutgers University says it has received its biggest donation ever to help pay for it to integrate two medical schools in to the university.
New Jersey’s flagship public university announced the $12.5 million grant from the Robert Wood Johnson Foundation on Thursday.
It’s intended to help pay for the $75 million cost over three years that the school expects to pay to absorb parts of the University of Medicine and Dentistry of New Jersey. The merger goes into effect July 1.
While the state government approved the restructuring of New Jersey’s higher education system, the state has not provided additional aid to pay for the transition.
University President Robert Barchi has said that it’s the biggest university merger ever in the United States.
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