by Joseph Blumberg
President Obama signs the economic stimulus package into law (ARRA), Denver, Colorado, February 17, 2009.
Rutgers is getting a serious financial boost from the federal stimulus package, known as the American Recovery and Reinvestment Act (AARA), which, President Obama says represents “a strategic and significant investment in our country’s future” in the face of an economic crisis not seen since the Great Depression.
Federal investment in the university’s people and programs will help produce important economic outcomes for the state and nation – through workforce development; research and development; technology commercialization; small business growth; policy analysis and forecasting; technical assistance; and low- and no-cost business, government, and human services.
Michael J. Pazzani, Vice President for Research and Graduate and Professional Education at Rutgers, said that as a public research university Rutgers is committed to exploring the frontiers of science, technology, and knowledge through its research programs.
The new dollars from the ARRA are particularly important to continuing this productive research – research that will ultimately improve the welfare, health, and quality of life of all people,” Pazzani said.
Full story: Rutgers Today
Rutgers Recovery Act Site