Overall Situation of the University

Administration AAUP
Rider, like most private universities, is adapting to a declining pool of college-age students and increased competition from public universities and on-line programs. Numerous external sources indicate that this is not a short-term challenge.

The University proactively reduced costs as the growth in revenue slowed, and more needs to be done. More than $10 million of base budget cuts have been achieved over the last four years to help maintain balanced budgets and enhance scholarship funding.

This year, expenses will exceed revenues. Rider does not have adequate reserves to fund multiple years of deficits.
When looking at operating expenses, Rider's expenses may have exceeded revenues, but we will not know this for sure until after the University’s financial audit, which occurs in summer 2014.

One of the major differences between operating cash flows and income (loss) before other revenue (net income) is that net income and the change in net assets include depreciation as an expense. However, since depreciation is a non-cash expense, it does not represent an outflow of cash i.e., it is an expense only on paper and does not actually make us poorer.

The AAUP has every confidence that the University will again show a positive net cash flow at the end of this fiscal year.

IPEDS data analysis Fichetenbaum report Moody's outlook Faculty pay
Administrative pay Dependence on tuition OVERALL SITUATION Goals