Rider University has announced a series of new measures intended to strengthen the overall value of a Rider education, including a 22 percent reduction of annual undergraduate tuition and new programs to support career preparation and academic success.
Starting next fall Rider’s base undergraduate tuition for new students will be reduced from $45,120 to $35,000.
The new initiative, called Lifting Barriers, is designed to help students break through significant obstacles they face in obtaining a college education and a successful career, including understanding the true cost of college and the ability to adapt, both socially and academically, in a college environment and beyond.
“These new measures continue our bold action to provide an exceptional educational value for our students,” said Rider President Gregory G. Dell’Omo in a statement. “Because a college education remains one of the most important investments individuals can make in their lifetimes, our goal is to help lift any barrier that prevents a student from thriving at Rider University, including those who assume a private education is out of reach based solely on the sticker price.”
“While we’re very proud of our ongoing commitment to providing financial aid, which will not change, the current model creates a significant hurdle for students and families who believe the sticker price immediately puts a Rider education financially out of reach,” says Vice President of Enrollment Management Drew Aromando. “The new tuition rate also aims to keep more New Jersey students from leaving the state to attend public or private institutions at out-of-state tuition rates that are similar.”
Rider also announced adjustments to its signature Engaged Learning Program.
Rider has set a new target that 95 percent of all students, beginning with the Class of 2025, will participate in enriched career preparation experiences such as internships, guided research, and fieldwork across all disciplines, including the arts, sciences, business, and more. The new requirements enhances those created when the program was launched in 2017.
“More than ever, students want to know that their education will directly lead to a positive outcome upon graduation,” says Kim Barberich, the executive director of Rider’s Office of Career Development and Success. “Launching our Engaged Learning Program confirmed that experiences like internships are directly correlated with career preparedness. Our priority is to build on this knowledge so that we are doing everything within our power to help ensure Rider students are prepared to succeed professionally immediately following graduation.”
To make this possible, Rider is investing heavily in Career Development and Success with new staff, enhanced technologies, and other additional resources so students have the support they need to develop on-the-job skills, build their resumes and make valuable connections.
The move continues Rider’s ongoing investment in infrastructure to provide more support so students understand and take advantage of Rider’s outstanding academic, social and career resources.
In July Rider launched the new Student Navigation Office, which is designed to provide students with a proactive approach to success coaching that consists of a robust support system connecting them to their academic, social, career-oriented needs and resources.
This month Rider is scheduled to open the new space for its Center For Diversity and Inclusion, a cornerstone in promoting a safe and welcoming physical environment and campus climate that garners a sense of belonging for the university’s diverse community.
Under the new tuition model, Rider will continue to award financial aid and scholarships, which benefit 99 percent of all students. That percentage is not expected to change, but financial aid awards will be lower due to the decrease in tuition, so out-of-pocket costs to students will remain similar.
“This strategy reduces the trajectory of Rider’s high tuition, high discount pricing model, which was ballooning to unrealistic levels, but it does not change our commitment to generously awarding financial aid and scholarships,” Aromando said.
“We’re committed to full transparency in comparing how the two models would affect every individual and will work one-on-one with them until they share our confidence that they are receiving the best and most fair deal,” Aromando said.
“Taken as a whole, these changes should send a clear message that Rider stands very competitively alongside our peers, including public colleges and universities,” Dell’Omo said. “I’m extremely confident in the unique strengths Rider possesses to support students on their journey of achieving their personal and professional goals.”