$10M donated to Rowan to help with tuition costs for communications students

David Madden
November 14, 2019 - 4:14 pm
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PHILADELPHIA (KYW Newsradio) — A $10 million endowment to Rowan University is targeted to students looking to get into media work. The plan is to help make their education more affordable and beneficial.

Ric and Jean Edelman are alums from the days when Rowan was known as Glassboro State. Ric has a degree in communications, centered on public relations. Together, they own one of the largest independent financial investment firms in the country.

"The importance of being able to convey complex concepts in an interesting, entertaining and understandable way is a unique skill that I learned here at Rowan University," Ric said. 

The gift will be used to fund full and partial scholarships for students studying communications and creative arts. 

Michael Killen, a sophomore from Wenonah, is looking for all the help he can get.

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"I’m on a student loan,” he said. "I’m hoping to try to get some kind of scholarship. So maybe something will pop up from this, I’m hoping. That would be nice."

Full-time undergraduates pay about $12,000 per year in tuition and fees.

The endowment will also provide money for students to attend professional sessions to learn and maybe connect with a mentor. Junior Emily Render of Nutley plans to take them up on the offer.

"It’s going to be great to be able to go to more conferences and really get out in the world and to be able to interact and do more to have better opportunities for us," Render said.  

Ric’s parents paid his tuition. Jean had to take out loans and work a few jobs to pay her way through.
 
"I learned not to be afraid of hard work because you’re going to school, you’re working and graduating," she added. "So that was very helpful. Get in there and do what you’ve got to do to get it done and do it well."  

The Edelmans have already given $36 million to Rowan for a planetarium and a fossil park.