A Crosstown Merger in Philadelphia

On June 1, Saint Joseph’s University officially merged with the University of the Sciences, making the crosstown campuses one institution under the Saint Joseph’s name. For Saint Joseph’s, absorbing the robust suite of health care offerings at the University of the Sciences allows for an immediate expansion of academic programs, drawing on the expertise of faculty members already on campus. For the University of the Sciences, the deal offers continuity for students amid financial challenges in recent years that led both Fitch Ratings and Moody’s Investors Service to downgrade the institution as its endowment funds dwindled.