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Saint Joseph’s University and the University of Science have formally agreed to merge into one academic institution.
The officials of the two universities are expected to complete and complete the work of incorporating USciences into St. Joe’s next summer after awaiting approval from the regulatory and certification agencies Said Wednesday.
St. Joe’s President Mark Reed will retain his position after the integration is complete. He called the merger “a historic day for St. Joseph’s College, the American Academy of Sciences, and thousands of students from all over the country. They will choose Our merged university is educated.”
“This merger agreement will merge two iconic universities with 370 years of tradition, heritage and service to students,” Reid said. “But we will now move forward as a more comprehensive university and continue our mission of providing an accessible, rigorous, student-centered educational experience in the most sought-after career fields.”
USciences President Paul Katz stated that this collaboration “creates new opportunities for our students and strengthens USciences’ commitment to build on our 200-year tradition of excellence in healthcare and science education.”
“St. Joseph’s College is an ideal partner for American science and our community. No other institution can provide the same complementarity and fit,” Katz said. “This will benefit current and future students, who will receive the comprehensive education they need to become the next generation of leaders in their fields.”
The merged university will provide students with nearly 200 academic courses for students to choose courses. The respective West Philadelphia campuses of the two universities will continue to be used, which means that the combined institution will cover approximately 161 acres and 103 buildings in the city.
The merger will make St. Joe’s University one of the 10 largest universities in the Philadelphia area, with more than 9,000 students, more than 400 faculty members, and approximately 1,500 employees.
Both schools will retain tuition plans and academic programs for newly accepted and active students in the remaining courses of study for the students-no matter what his or her traditional university is.
Despite being incorporated into St. Joe’s, the Philadelphia School of Pharmacy is expected to retain its name and program, officials Say.
The two universities will now formally plan the integration process in the next 12 months. Even after the integration is completed next year, all aspects of the merger will continue to be completed.
Two universities Announced in February A letter of intent has been signed to discuss the merger of the two institutions.
USciences approached St. Joe’s about a possible merger, Reed said, noting that expanding health science products is St. Joe’s strategic goal.
The letter of intent then triggered a due diligence process to discuss the potential integration of the two universities.The respective boards of the two schools approved the merger in May, and the officials Say.
St. Joe is a private Jesuit university with a campus across the city line avenue, partly located in Philadelphia and Lower Merion. The school has a total of about 6,780 undergraduate and graduate students. The university was founded by the Jesuits in 1810 and made its Catholic roots a core part of its identity.
USciences was founded in 1821, and most of its history has been as the Philadelphia School of Pharmacy. Its campus is located on Woodland Avenue near 42nd Street. The college adopted its current name when it achieved university status in 1997. The number of students in the school is approximately 2,375.
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