EXHIBIT K - Academic Portfolio Review and Efficiency by NEW JERSEY CITY UNIVERSITY

NJCU Academic Portfolio Review and Efficiency

Analysis: Highlights November 2021

Goals of Academic Analysis Projects

1. Understand the strengths and opportunities for improvement across NJCU’s academic programs and departments.

2. Support data-informed decision making within schools and departments.

3. Improve data systems, processes, and sources in order to duplicate analysis in future years.

2 rpk

Project Timeline for Academic Analysis

3 rpk GROUP. All rights reserved. • April 2021: Project Launch • April – August: Data Collection • September – October: Data Analysis • November: Communication • Steering Team – November 17, 2021 • NJCU Deans and Chairs – November 19, 2021 • NJCU Town Hall – November 29, 2021 • Board of Trustees – November 30, 2021 The administrative services review began in late May, and will be complete in December. The roll-out of recommendations and communication efforts will follow the same sequence as the academic analysis.

Key Analyses

4 rpk GROUP. All rights reserved. • Programs: • Admits and yield • Headcount size and growth • Student success – retention, graduation, degree completion • Departments: • Courses – average class size, student to faculty ratios, and fill rates • Faculty – type of faculty, teaching percentages, and student credit hours delivered • Net Revenue – direct and indirect revenues and expenditures

Program Analysis

Key Takeaways: Academic Portfolio Review

6 rpk GROUP. All rights reserved. • Criminal Justice and Biology are programs with highest demand among firsttime undergraduate applicants • 71% of undergraduate students enrolled in 15 programs • Many business programs demonstrate strong growth trends • Criminal Justice enrollment declines should be monitored • Highest graduate enrollment in education programs

Median

Median Number of Admits

Science

Health

and Median Yield

Programs

Undergraduate First-Time Demand/Yield

Criminal Justice

Education

Global Business

History Fire Science

Performance

Security

Management

Science

Analytics/Data Science

is 64

is 24%

Yield: 24%

AVG Admits: 64 Axes set at medians

in Green are new programs

with red dots have yield based off admits <10 Excluded programs: Accelerated Nursing, Driver Education, Dance, RN to BSN

Art Accounting Music Early Childhood Education Teaching English Elementary Education Teaching Physics Finance Media Arts Mathematics Secondary Education Teaching Biology Psychology Computer

Public

Management Sociology Marketing Biology Diagnostic and Treatment Political Science

National

Studies Teaching, All Grades/Multiple Levels Music

Geoscience Sports

Exercise

Hospitality Management Business

ChemistrySpecial

Teaching EconomicsHealth Information Management Spanish Women's and Gender Studies Philosophy Supply Chain Entrepreneurship -100 0 100 200 300 400 500 600 700 -20% 0% 20% 40% 60% 80% 100% 120% 3 Yr AVG Admits 3 Yr AVG Yield (Enrolls/Admits)

Geoscience

50% of Programs in School of Business Above Size and Growth Median

Undergraduate Size + Growth

Political Science

Music Performance Physics

Biology Diagnostic and Treatment

Women's and Gender Studies

Accelerated Nursing

ChemistryEconomics History Philosophy

Spanish

Special Education Teaching

Median AVG Headcount:

Median Headcount

Axes set at medians

Excluded Programs:

Chain,

Global Business Marketing

Finance

Music Psychology

Art BiologyComputer Science

RN-to-BSN Sociology

EnglishFire Science Management Mathematics

Media Arts National Security Studies

Elementary Education Teaching

Public Health

Criminal Justice

Accounting

Early Childhood Education Teaching

Analytics/Data Science,

Port Management

Science,

Education, Teaching,

Management,

Grades/Multiple Levels, Secondary Education Teaching

Management, Health Information Management,

Growth: 5%

Business

Dance, Entrepreneurship, Exercise

Hospitality

Sports

Supply

Logistics, Maritime

(SCPM), Driver

All

-60% -40% -20%

20% 40% 60% 0 50 100 150 200 250Headcount Growth 3 Yr AVG Headcount

9 rpk GROUP. All rights reserved. Low Graduation Rates Across UG Programs for First-Time Students Programs with 0% 4 and 6-Yr Grad %: Biology Diagnostic and Treatment, Economics, Philosophy, RN-to-BSN, and Special Education Teaching # above bars = graduation cohort Excluded programs: Accelerated Nursing, Business Analytics/Data Science, Dance, Driver Education, Entrepreneurship, Exercise Science, Global Business, Health Information Management, Hospitality Management, Physics, Sports Management, Supply Chain, Logistics, Maritime Port Management (SCPM), RNto-BSN 2 37 21 12 29 38 86 70 90 129 21 217 33 66 17 20 21 22 45 51 110 86 23 11 59 7 48 5 15 3 5 1 5% 15% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Undergraduate First-Time 3-Yr AVG Grad % 4-Yr Grad % Additional Grad % After 6 Years UG FT 4-Yr Grad % Median UG FT 6-Yr Grad % Median

14 Programs Award 78% of Total Undergraduate Degrees

Psychology, 11% RN-to-BSN, 8% Criminal Justice, 8% Accounting, 7% Accelerated Nursing, 6% Undergraduate 3-Yr AVG Degree Production 22% total headcount in 23 programs 38% total headcount in 9 programs 40% degrees in 5 programs Excluded programs: Sports Management, Physics, Hospitality Management, Dance, Business Analytics/Data Science, Driver Education, Exercise Science, Entrepreneurship Program % in pyramid is rounded and may not add to total in callout

Median

Four Graduate Education Programs Above Median Size and Growth

Graduate Size + Growth

Business Analytics/Data Science

Elementary Education Teaching

Secondary Education Teaching

Mathematics Teacher Education MBA Marketing

Music Performance

Media Production

Studio Art

Art

Nursing

Music Teacher Education

Axes set at medians

Programs with red dots have

Excluded

Finance

Reading Specialist School Psychology

Civil Security Leadership, Mgmt, Policy (CSLMP)

Criminal Justice Educational Psychology Health Sciences

Bilingual/Bicultural Education

MBA - Management

Special Education Teaching

Headcount

Community College Leadership,

Educational Administration and Supervision Educational Technology Educational Technology Leadership

National Security Studies

ESL Education

Accounting

Counseling Early Childhood Education Teaching

- Finance

Technology, Driver Education,

Childhood Education Teaching - Alternate Route, Educational Technology - School Library Media

System Security

Nurse, Supervisor (P

AVG Headcount: 47

Headcount Growth: 2%

2018

<10

programs:

Financial

Information

Officer, School

12) Certification, Early

Specialist

MBA

-100% -50% 0% 50% 100% 150% 200% 250% -50 0 50 100 150 200 250 300 350 400Headcount Growth 3-Yr AVG Headcount

Excluded

15 Programs Award 80% of Total Graduate Degrees

Graduate 3-Yr AVG Degree

total headcount

Special Education Teaching, 15% Counseling, 10% Accounting, 7% Educational Technology, 6% Health Sciences, 6%

Production 20%

in 15 programs 36%

in 10 programs 44%

in 5 programs

programs: Supervisor (P-12) Certification, Financial Technology, Early Childhood Education Teaching - Alternate Route, Educational TechnologySchool Library Media Specialist, Driver Education, School Nurse, Information System Security Officer, Community College Leadership Program % in pyramid is rounded and may not add to total in callout

Department Analyses: Institutional Trends

Key Takeaways: Institutional Trends

• Net revenue declined as expenses increased faster than revenues

• Both direct and indirect expenses increased, but indirect increased faster

• Student credit hours declined, primarily in lower level courses

• Faculty FTE declined at a greater rate than student credit hours

• Faculty declines were primarily at the adjunct level

• Faculty throughput and average class size increased over the time period, but remain far below benchmark

GROUP.

rights reserved.

14 rpk

All

Total Revenue, Expense & Net Revenue

$140,491,139

$125,938,687

$143,853,844

$146,617,437

$128,294,962

$126,990,185

$(14,552,451) $(15,558,882) $(19,627,252) 2018 2019 2020 Total Revenue Total Expense Net Revenue

Direct

$86,873,427

$88,028,761

$82,849,034

$57,642,105

$56,980,417

$58,588,676

expenses increased 2%, indirect increased 6%

2018 2019 2020 Direct Expenses Indirect Expenses

Total

$125,938,687

& Indirect Expenses

$128,294,962

$126,990,185

$82,849,034

$86,873,427

$88,028,761

$57,642,105

$56,980,417

$58,588,676

Revenue, Direct

2018 2019 2020 Total Revenue Direct Expenses Indirect Expenses

18 rpk GROUP. All rights reserved. Student Credit Hours Decline 4.6% from 2018 to 2020 2,702 2,455 2,540 164,402 159,027 156,800 2018 2019 2020 Total Sections & Student Credit Hours Sections Student Credit Hours

19 rpk GROUP. All rights reserved. SCH and Sections Increasing at Upper Level 1,588 1,393 1,399 104,275 98,069 94,522 2018 2019 2020 Lower Level Sections Student Credit Hours 712 704 758 42,898 44,233 44,694 2018 2019 2020 Upper Level Sections Student Credit Hours 402 358 383 17,229 16,725 17,584 2018 2019 2020 Graduate Sections Student Credit Hours

20 rpk GROUP. All rights reserved. Smaller Class Sizes at Upper Level Increasing 2% 2% 3% 9% 6% 10% 23% 18% 20%10% 8% 8% 17% 16% 19% 29% 32% 27% 23% 16% 20% 22% 24% 24% 27% 23% 25%53% 50% 54% 33% 30% 27% 19% 23% 26% 12% 24% 15% 18% 23% 21% 2% 4% 2% 2018 n=1,588 2019 n=1,393 2020 n=1,399 2018 n=712 2019 n=704 2020 n=758 2018 n=402 2019 n=358 2020 n=383 Lower Upper Graduate Percent Distribution of Sections by Class Size & Level <10 10-14 15-19 20-25 >25

21 rpk GROUP. All rights reserved. Total Faculty FTE Decreased 7% & SCH Decreased 5% from 2018 493 449 459 177,649 171,079 167,945 2018 2019 2020 Total Faculty FTE & Student Credit Hours Total Faculty FTE Student Credit Hours

22 rpk GROUP. All rights reserved. Majority of FTE Decline Occurred in Adjuncts – 10% Decline 250 250 245 22 15 15 221 184 200 493.0 449.2 459.2 2018 2019 2020 Total Faculty FTE by Type Regular Faculty FTE Overload FTE Adjunct FTE 55% 59% 57% Over half of NJCU’s total FTE is regular faculty + overloads

23 rpk GROUP. All rights reserved. Distribution of Teaching & Non-Teaching Activity Consistent 432.3 393.5 400.3 60.7 55.7 58.9 2018 2019 2020 Teaching and Non-Teaching FTE Teaching FTE Non-Teaching FTE 88% 88% 87%

24 rpk GROUP. All rights reserved. Administrative Duties Are Bulk of Non-Teaching Activity Teaching 87% Administrative 62% Research 13% Sabbatical / Paid Leave 25% Non-Teaching 13% 3-Year Average Distribution of Faculty FTE by Activity

Slight Increase in

per Faculty

but

SCH

FTE

Remains Below IPEDS Benchmark 360 381 366 523 2018 2019 2020 SCH per Faculty FTE by Year Average SCH/Faculty FTE IPEDS 2019 Benchmark

Student/Faculty Ratio Remains Below

Indicating

IPEDS Benchmark

Opportunity for Increasing Student/Faculty Ratio 12.4 13.1 12.6 18.1 2018 2019 2020 Student/Faculty FTE Ratio Average S/F Ratio IPEDS 2019 Benchmark

Department Analyses: College Trends

Key Takeaways: College Trends

28 rpk GROUP. All rights reserved. • Majority of student credit hour decline occurring within CAS and CPS • COE had smallest undergraduate class sizes • CAS had smallest graduate class sizes • SOB and COE increased student credit hours without adding faculty • COE had most significant usage of non-teaching FTE • COE has lowest faculty throughput but it improved over the time period • CPS saw faculty throughput decline over the time period • All schools/colleges have positive direct net revenue and negative total net revenue

29 rpk GROUP. All rights reserved. SCH and Sections at Lower Level Declining in CAS 1,201 1,015 1,020 209 198 200 129 131 129 49 49 50 78,271 72,208 69,610 13,950 13,524 13,128 9,509 9,619 9,043 2,545 2,718 2,741 2018 2019 2020 2018 2019 2020 2018 2019 2020 2018 2019 2020 College of Arts & Sciences School of Business College of Professional Studies College of Education Sections & Student Credit Hours by College - Lower Level Sections Student Credit Hours

30 rpk GROUP. All rights reserved. Upper Level SCH Declining in CPS but Sections Flat 325 314 337 156 164 181 196 193 194 35 33 46 17,357 18,438 18,494 9,546 10,125 11,223 14,863 14,453 13,306 1,132 1,217 1,671 2018 2019 2020 2018 2019 2020 2018 2019 2020 2018 2019 2020 College of Arts & Sciences School of Business College of Professional Studies College of Education Sections & Student Credit Hours by College - Upper Level Sections Student Credit Hours

Significantly

Smaller Class Sizes in COE Compared to Institution 21.5 22.3 25.1 18.718.6 20.6 23.0 13.3 21.2 College of Arts & Sciences School of Business College of Professional Studies College of Education 3-Year Average Class Size by College - Lower & Upper Level Lower Level Upper Level Institution UG Average

32 rpk GROUP. All rights reserved. Graduate Sections and SCH Relatively Flat in All Schools/Colleges 44 42 37 80 72 80 66 60 64 212 184 202 1,516 1,707 1,367 3,636 3,639 3,891 2,616 2,457 2,688 9,461 8,922 9,638 2018 2019 2020 2018 2019 2020 2018 2019 2020 2018 2019 2020 College of Arts & Sciences School of Business College of Professional Studies College of Education Sections & Student Credit Hours by College - Graduate Sections Student Credit Hours

Largest

Graduate Class Sizes in COE 12.6 15.2 13.6 15.915.0 College of Arts & Sciences School of Business College of Professional Studies College of Education 3-Year Average Class Size by College - Graduate Graduate Institution GR Average

34 rpk GROUP. All rights reserved. CAS SCH & Total Faculty FTE Both Decreased Approximately 10% 290 257 260 69 64 69 72 70 70 61 59 61 106,492 101,052 97,421 27,422 27,714 28,599 27,918 27,276 25,585 15,817 15,041 16,340 2018 2019 2020 2018 2019 2020 2018 2019 2020 2018 2019 2020 College of Arts & Sciences School of Business College of Professional Studies College of Education Total Faculty FTE & Student Credit Hours by College Total Faculty FTE Student Credit Hours SOB & COE Increasing SCH without Increasing Faculty FTE

Faculty

had highest % of Reg + OL FTE

reduced from approx. 80% of total to 70% by 2020.

Mix Shifting from Adjuncts to Regular Faculty Except COE 138 131 129 37 42 43 32 35 34 44 43 40 143 119 125 29 20 24 36 32 33 13 12 17 290 257 260 69 64 69 72 70 70 61 59 61 2018 2019 2020 2018 2019 2020 2018 2019 2020 2018 2019 2020 College of Arts & Sciences School of Business College of Professional Studies College of Education Total Faculty FTE Type by College Regular Faculty FTE Overload FTE Adjunct FTE COE

but

36 rpk GROUP. All rights reserved. CAS Has Lowest % of Non-Teaching (10%); COE Has the Highest (24%) 263 232 234 59 57 60 63 61 60 48 43 46 27 25 26 11 7 9 10 9 9 13 15 14 2018 2019 2020 2018 2019 2020 2018 2019 2020 2018 2019 2020 College of Arts & Sciences School of Business College of Professional Studies College of Education Teaching and Non-Teaching FTE by College Teaching FTE Non-Teaching FTE

37 rpk GROUP. All rights reserved. COE Below NJCU’s Average for SCH/Faculty FTE & Student/Faculty Ratio 378 414 381 262 523 369 College of Arts & Sciences School of Business College of Professional Studies College of Education 3-Year Average SCH per Faculty FTE by College Average SCH/Faculty FTE IPEDS 2019 Benchmark Institution Average 12.7 14.3 13.0 10.2 18.1 12.6 College of Arts & Sciences School of Business College of Professional Studies College of Education 3-Year Average Student/Faculty Ratio by College Average S/F Ratio IPEDS 2019 Benchmark IPEDS 2019 Benchmark

38 rpk GROUP. All rights reserved. SCH/Faculty FTE Increased for All Colleges Except CPS (-5%) 367 396 386 259 394 434 388 257 375 415 368 269 College of Arts & Sciences School of Business College of Professional Studies College of Education SCH per Faculty FTE by College 2018 2019 2020

39 rpk GROUP. All rights reserved. Direct & Total Net Revenue, 3-Year Average $15,377,299 $3,359,216 $6,028,819 $5,229,953 ($8,587,694) ($4,326,461) ($1,350,759) ($2,314,615) College of Arts & Sciences College of Education College of Professional Studies School of Business Avg Direct Net Revenue Avg Total Net Revenue

Direct Net Revenue by Level, 3-Year Average

$4,533,306

$3,320,113

$14,626,904 ($37,747)

$750,395 $3,396,962 $1,495,513 $1,909,840 College of Arts & Sciences College of Education College of Professional Studies School of Business Undergraduate Graduate

41 rpk GROUP. All rights reserved. 3-Year Avg SCH/Faculty FTE & Net Revenue per SCH 424 384 378 263 $166 $142 $192 $171 ($73) ($79) ($44) ($225) School of Business College of Arts & Sciences College of Professional Studies College of Education Avg Faculty Throughput Avg Direct Net Revenue/SCH Avg Total Net Revenue/SCH

Administrative Services Review Findings

42 rpk GROUP. All rights reserved. 1. Flattening Organization Structure 2. Defining and Monitoring ROI 3. Leveraging Technology Investments 4. Creating Business Intelligence Structures 5. Maximizing Investment in Facilities 6. Division Specific Recommendations High-Level