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Tag: adelphi university

  • Adelphi University plans $55M modernization project on Garden City campus | Long Island Business News

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    THE BLUEPRINT:

    • ‘s modernization project is expected to cost $55 million

    • Plans include major upgrades to Hagedorn Hall and the Science Building

    • approved up to $125M in tax-exempt bond financing

    • Project could create 100 construction jobs and run through 2029

    Adelphi University is planning a $55 million modernization project for its 75-acre Garden City campus.

    The campus is set for a series of strategic upgrades, from athletic field replacements and a new student computer science lab to enhanced data center capabilities, improved learning management systems and modernized heating, ventilation and air-conditioning (HVAC) infrastructure.

    Most of the work will focus on modernizing and equipping Hagedorn Hall and the Science Building. The upgrades include updated chillers, HVAC, windows and data center. There are also plans to undertake deferred maintenance of the university’s buildings, facilities and infrastructure.

    The Town of Hempstead Local Development Corp. (LDC) on Tuesday announced that it approved the sale of up to $125 million in on behalf of Adelphi to support the capital improvement, and to perhaps refinance previously issued bonds.

    The  LDC – which provides low-interest, tax-exempt bonds to not-for-profits, educational institutions, hospitals, civic entities, or charitable organizations within the town – approved the bond sale at its Jan. 27 meeting.

    The bonds, to be underwritten by Hilltop Securities of Dallas, Texas, will be repaid by Adelphi and secured by a first-mortgage lien on the university’s land and buildings. There is no out-of-pocket cost to Town of Hempstead taxpayers.

    Adelphi is considering using bond-sale proceeds to refund all or a portion of its outstanding revenue bonds sold in 2013 and 2014. The current principal amounts total more than $35 million and over $21 million, respectively.

    “There is no doubt that the sale of these new bonds will benefit Adelphi University, its students, and have a positive impact on the economics of the surrounding communities,” Fred Parola, executive director of the LDC, said in a news release about the .

    Adelphi plans to begin the project by March, with most of the work to be conducted during the summers of 2026, 2027 and 2028. The university expects to complete the work in 2029.

    Adelphi has 1,006 full-time jobs and 1,115 part-time positions in Garden City. The proposed project is expected to generate 100 construction jobs.

     


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    Adina Genn

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  • Long Island Association adds seven new board members | Long Island Business News

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    THE BLUEPRINT:

    • LIA elects seven new board members from major Long Island institutions.

    • New members represent , research, defense and accounting.

    • Leaders elected to help bolster economic growth and competitiveness.

    • LIA says new voices will support innovation and small-business success.

    The recently elected seven new members to its . The new board members serve in higher education, accounting services, scientific research and defense manufacturing, bringing expertise in their fields.

    These members, all from organizations that were already represented on the board, were elected to support the LIA’s mission to advance regional economic and business development.

    “We are excited to welcome these accomplished and knowledgeable leaders to the LIA Board of Directors,” Lawrence Waldman, chairman of the LIA, said in a news release about the board members.

    “Their leadership and industry expertise will bring fresh perspectives and help guide our mission to strengthen Long Island’s competitiveness and economic resilience,” he added.

    The board members include Dr. Jerry Balentine, president of New York Institute of Technology, with a campus in Old Westbury; Damon Brady, product line director of , with locations in Greenlawn; Andrea Goldsmith, president of ; John Hill, interim director of ; Craig Savell, managing principal of the New York metro region of , which includes offices in Uniondale and Melville; Christopher Storm, interim president of president of , whose main campus is in Garden City; and Jerry Ward, office managing partner of , with a location in Jericho.

    The LIA’s Board of Directors comprises “a cross-section of our region’s leading industries and institutions, and these new voices will contribute to the LIA’s efforts to ensure a thriving economy,” Matt Cohen, president and chief executive of the LIA, said in the news release.

    “The work of the new board members at their respective companies and organizations is critical to both the growth of our innovation economy and success of small businesses, and we look forward to having their input as we advocate for a prosperous Long Island,” he said.


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    Adina Genn

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  • Adelphi enters into nursing school partnership Grameen Caledonian College | Long Island Business News

    Adelphi enters into nursing school partnership Grameen Caledonian College | Long Island Business News

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    Adelphi University’s College of Nursing and Public Health in Garden City has entered into an agreement with the Grameen Caledonian College of Nursing (GCCN) based in Dhaka, Bangladesh.

    GCCN was founded in 2011 by Muhammad Yunus, a Nobel Laureate and Bangladeshi social entrepreneur, who spoke at Adelphi on March 21 on “Creating A World of Three Zeros” (zero unemployment, zero wealth concentration and zero net carbon emissions). The event was sponsored by Adelphi’s Hagedorn Lectureship on Corporate Social Responsibility.

    Yunus is considered the father of the microfinance movement, where people in need are loaned small amounts of money, start businesses and ideally lift themselves out of poverty.

    “Imagine millions of the poorest, illiterate women in Bangladesh taking tiny loans and transforming themselves into entrepreneurs,” Yunus, the founder of Grameen Bank, said in a statement, speaking about the ability to lift oneself out of poverty. “Everyone has this ability in them. They just need the way.”

    The bank – Grameen means “rural” in Bangladesh, Yunus said – now has more than 10 million borrowers, 97 percent of whom are women, according to Adelphi. The bank boasts a 98% repayment rate.

    In the nursing school partnership, the two institutions have agreed to explore exchanging faculty members and staff, sharing academic materials, offering faculty development, and jointly participating in seminars.

    The partnership “signifies a new beginning for Adelphi University and the Grameen Caledonian College of Nursing,” Deborah Hunt, a dean at Adelphi, said in a statement. “I believe all the stars aligned, especially when I think back to Adelphi’s 125th Gala less than a year ago when I first learned about this amazing opportunity to partner with Professor Yunus. I am grateful the seed was planted then and am looking forward to seeing where the journey takes us.”

    Yunus  spoke of the potential he saw in the partnership.

    “This is how it is done-you take a tiny seed and see if it will grow into a big thing,” Yunus said in a statement. “I didn’t expect dreams to come true so fast, but here I am-at Adelphi, holding our agreement, signed and sealed.”

    President Christine Riordan, welcomed Yunus, his daughter Monica Yunus, co-founder of Sing For Hope, and colleagues from Grameen Creative Lab to Adelphi.

    “I am excited about the possibilities of our partnership, and so pleased to work with someone as extraordinary as Professor Yunus,” Riordan said in a statement.

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    Adina Genn

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  • At Adelphi, new program caps annual tuition to $10K for transfer students | Long Island Business News

    At Adelphi, new program caps annual tuition to $10K for transfer students | Long Island Business News

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    To attract transfer students from the tri-state area,  Adelphi University is offering a program that ensures that their annual tuition will be $10,000 or less  for up to four years of coursework that leads up to a bachelor’s degree.

    The program is called the “Transfer Tuition Guarantee,” and it aims to not only attract but support high-achieving transfer students.

    “This program is ideal for students who went off to school but didn’t find the right fit, are completing their program at a local community college, or have been out of college for a while but are ready to resume their degree program,” Kristen Capezza, Adelphi’s vice president of Enrollment Management and University Communications, said in a statement.

    “Long-recognized for our commitment to helping students transfer with ease, Adelphi is now presenting high-achieving students with an even more affordable opportunity to attend a private university, inclusive of more than 70 academic offerings, a vibrant student life and extraordinary career preparation, at a tuition cost that’s comparable to a public institution,” Capezza said.

    Eligible candidates must have at least a 3.5. cumulative grade-point average from any college-level work completed after high school, have residency in New York, New Jersey, or Connecticut, and file a FAFSA resulting in an expected family contribution at or below 100,000. They must plan to enroll full-time.

    The tuition covers fall and spring semesters only, excluding summer.

    Deadlines for admission and financial aid application submission to the transfer-tuition  program are June 1 for fall admission and Nov. 1 for spring admission.

    “Adelphi’s small classes and big opportunities are now a reality for students who may have thought a private school education was out of reach for their family,” Shawana Singletary, assistant vice president and chief enrollment officer at Adelphi, said in a statement. “This program is designed to offer access and affordability for students who want to transfer into Adelphi.”

    Students who transfer to Adelphi may also be eligible for federal aid programs – and for New York residents, state aid programs – and will receive those funds in addition to the tuition guarantee, lowering annual tuition and fees to below $10,000.

    Students who are not eligible for the tuition guarantee program may still qualify for “generous merit scholarships and need-based grants,” according to the university

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    Adina Genn

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  • At Adelphi, new half-semester online programs for adult learners | Long Island Business News

    At Adelphi, new half-semester online programs for adult learners | Long Island Business News

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    Adelphi University is offering half-semester online programs for adult learners.

    Offered through the university’s College of Professional and Continuing Studies, the program is designed to meet the needs of “nontraditional students” who are often balancing work and family. The college is offering intensive seven-and-a-half-week asynchronous online programs in liberal studies and business.

    Fully online, the programs provide students a flexible option designed to work around their lives.

    Andy Atzert, dean of Adelphi’s CPCS, said in a statement that the condensed courses allow adult learners “to concentrate on fewer courses, with fewer professors, and fewer academic goals at any one time.”

    Tuition is less expensive than tuition for other Adelphi programs, and the half-semester courses can be especially cost-effective, according to the university.

    Adelphi’s CPCS Panther Potential Program, which readmits former Adelphi students who stopped out at least three years ago to earn their degrees, is offering financial incentives and previous debt forgiveness that can “significantly reduce the cost of completing a degree,” according to the university.

    Applicants receive pre-advising to help personalize their learning experiences.

    “Faculty members work with them to evaluate their resumes to determine what credit for prior learning from their life experience and certificates they might be eligible for,” Sandra Castro, associate dean of the program, said in a statement. “Veterans or police officers, for example, would likely get credit for prior learning.”

    The program’s instructors have doctoral degrees “and are often professionals who share their expertise with their students,” Castro said. Professors have built office hours, time for one-to-one meetings and virtual discussion forums into their course designs.

    Students have the same access to Adelphi’s student support offices, library and writing center as traditional students.

    Overall, our goal is to provide adult students with the support they need for their future success,” Castro said.

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    Adina Genn

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