Under the final deal, Rutgers will take over UMDNJ’s schools in North and Central Jersey — including Robert Wood Johnson Medical School and New Jersey Medical School — in July 2013. Rowan University in Glassboro will take over UMDNJ’s School of Osteopathic Medicine in Stratford and become a state-designated research university.
An earlier proposal for Rutgers to give up control of its Camden campus in a quasi-merger with Rowan was largely abandoned in the final hours of negotiations. Lawmakers conceded to most of Rutgers’ demands and the final legislation includes only a joint board with minimal power that will oversee joint health science projects between Rutgers and Rowan. Rutgers will continue to control Rutgers-Camden’s finances, tuition and academics.
Looks like a good deal for Rutgers.