Title
Dept/ Agency: Administration/Office of Business Administrator
Action: (X ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Memorandum of Agreement
Purpose: To establish a Guaranteed Education Pilot Program with Rutgers University, to provide financial assistance to at-risk, disadvantaged Newark residents, who meet certain specific qualification criteria and are directly impacted by violence.
Entity Name: Rutgers, The State University of New Jersey
Entity Address: 195 University Avenue, Newark, New Jersey 07102
Grant Amount: Not to exceed $300,000.00 annually or $1,200,000 over Four (4) Years
Funding Source: 2024 Budget / Brick City Peace Collective Grant/ NW051, G24, A24J0, A, 72030, B2024
Program Term: Maximum of four (4) years commencing on May 1, 2024 through May 1, 2029
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ
( ) Private Sale ( ) Grant ( ) Sub-recipient (X ) n/a
Additional Information:
In establishing this Guaranteed Education Pilot Program, Rutgers University shall serve as the City's agent for the administration and management of up to $1,200,000.00 to be paid over a potentially four-year period (not to exceed $300,000.00 per year or $15,000.00 per student, per year) commencing May 1, 2024, to be used towards the tuition and room and board payment for no more than twenty (20) students participating in the Guaranteed Education Pilot Program.
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WHEREAS, on or about December 27, 2022, the City of Newark (the "City") submitted an application to the State of New Jersey, Department of Community Affairs ("DCA") seeking grant funding to carry out the Brick City Peace Collective, a coalition of sixteen (16) community organizations that coordinates existing community support at the neighborhood level and promotes collaborations for wraparound services that will drive strategic systemic c...
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