Kean University

What Kean University does

Kean University is a public comprehensive R2 Carnegie research university founded in 1855 and headquartered in Union, New Jersey, with approximately 10,000+ employees and a student body that grew to an all-time high in fall 2025 alongside a 35%+ increase in applications. The institution operates across four locations — the main Union campus, Kean Ocean in Toms River, an international joint campus in Wenzhou, China (since 2013), and the pending Kean Jersey City campus acquired via the NJCU merger closing July 1, 2026 — and serves undergraduate, graduate, transfer, veteran, international, and online learners through six academic colleges, with over 42% of students being first-generation college attendees.

The university generates revenue through tuition and fees (its primary recurring stream), state and federal appropriations and grants (including $750,000 for the Coalport revitalization and $1.6M for the school psychologist pipeline), charitable donations and event sponsorships (notably nearly $100,000 from the Rep Your Ride car show), and bond issuances (Series 2026 revenue and refunding bonds rated A2/A- by Moody's/S&P). Its research profile includes Vision-Language Model work accepted at the 2026 IEEE/CVF WACV conference, AI freight optimization in partnership with NJDOT, and an architecture program delivered through the Michael Graves College with pipeline partnerships into Newark Public Schools. Go-to-market relies on traditional university admissions — recruitment events, campus visits, online applications, and transfer pathways — supplemented by employer and professional partnerships (Premiere Stages Equity theatre, NRS Inc. for supply chain programming).

The NJCU merger represents the institution's most consequential strategic move: it will roughly double Kean's scale to ~24,500 students, is supported by $17 million in state stabilization funding and bond financing, and is being executed alongside workforce reductions of at least 151 NJCU employees to address a projected $25 million pre-merger budget gap. Recognized by U.S. News & World Report for social mobility and online program excellence, by Money Magazine as a 2025 Best College, and by the U.S. Department of Education as a federal Hispanic-Serving Institution, Kean is positioned as an affordable, diverse, urban-accessible public research university in the New York metropolitan area.

Name

Kean University

Legal name

Kean University

Website

https://kean.edu

Company type

Private

Founded year

1855

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Kean University is a public R2 research university founded in 1855 in Union, New Jersey, serving undergraduate, graduate, transfer, veteran, and international students across four campuses (Union, Toms River, Wenzhou China, and the pending Kean Jersey City campus from the 2026 NJCU merger), with tuition as its primary revenue stream and a focus on affordability and social mobility.

Ownership category

akta.pro rank

Product category

Higher Education

NAICS

Colleges, Universities, and Professional Schools (6113), Colleges, Universities, and Professional Schools (611310)

SIC

Services-Educational Services (8200)

akta.pro primary industry

Public Research Universities with Comprehensive Graduate & Professional Schools (EDAHAAAF)

Keywords

• Higher education
• Undergraduate degree programs
• Graduate degree programs
• Online learning
• Research university

Headquarters

HQ city

Union City

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Tuition and Fees: Revenue from undergraduate and graduate tuition, fees for programs, and course materials. Kean is noted as one of the most affordable comprehensive universities in New Jersey with lower debt than national average.
2. Donations and Sponsorships: Revenue from charitable donations, event sponsorships (such as the Rep Your Ride car show raising nearly $100,000), and alumni contributions.
3. State and Federal Funding: Government appropriations and grants including the $750,000 federal grant for Coalport neighborhood revitalization project.
4. NJCU Merger Transition Funding: State commitment of $17 million in stabilization funding over two fiscal years and supplemental funding for merger transition costs.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

Kean University is a public R2 research university delivering undergraduate and graduate degree programs across six academic colleges (Business and Public Management, Education, Health Professions and Human Services, Liberal Arts, Michael Graves College, and Science/Mathematics/Technology). It also provides continuing and professional education, NCAA Division III athletics, performing arts programming (Premiere Stages, Theatre Conservatory, Kean Stage, Kean Galleries), and study abroad through its Wenzhou, China campus. Online and hybrid degree pathways extend access to non-traditional and remote learners across New Jersey and beyond.

Product overview

Kean University is a comprehensive public research university offering a diverse portfolio of educational programs across multiple colleges. The university operates as a multi-location institution with its main Union campus, Kean Ocean in Toms River, and Wenzhou-Kean University in China. The product portfolio includes undergraduate and graduate degree programs through six colleges (College of Business and Public Management, College of Education, College of Health Professions and Human Services, College of Liberal Arts, Michael Graves College, and The Dorothy and George Hennings College of Science, Mathematics and Technology), supplemented by performing arts programs including the Theatre Conservatory with Premiere Stages (professional equity theatre in residence), Kean Stage (performing arts venue), and Kean Galleries. Following the merger with New Jersey City University (closing July 1, 2026), the university will expand to serve approximately 24,500 students across both campuses under the Kean Jersey City brand.

Differentiator

Problem solved

Functional benefit

Brands

• Premiere Stages: Professional equity theatre company in residence at Kean University
• Kean Stage
• Kean Galleries
• Theatre Conservatory
• Nancy Thompson Library Learning Commons
• Climb Higher with Her

Products and services

• Undergraduate Degree Programs Bachelor's degree programs across six colleges covering Business and Public Management, Education, Health Professions and Human Services, Liberal Arts, Michael Graves College (architecture/design), and the Dorothy and George Hennings College of Science, Mathematics and Technology.
• Graduate and Doctoral Degree Programs Master's and doctoral degree offerings in specialized fields including clinical health professions (nursing, physical therapy, occupational therapy, speech-language pathology), education, counseling, social work, psychology (PsyD), and business/public management.
• Kean Online Online education programs offering flexible learning options for students pursuing undergraduate and graduate degrees remotely; recognized with a U.S. News Best Online Programs Badge 2026.
• Theatre Conservatory Professional theatre training program offering BA and BFA degrees in performance, musical theatre, and design/technology, with the Premiere Stages professional equity theatre partnership.
• Premiere Stages Professional equity theatre company in residence at Kean University since 2009, offering internship opportunities and showcasing student talent alongside industry professionals.
• Kean Stage Performing arts venue featuring professional dancers, actors, and vocalists from around the world, showcasing accomplished performances in elegant venues.
• Kean Galleries Art exhibition space curating programs that integrate visual arts with academic and outreach initiatives, presenting art for social impact and awareness.
• Kean Athletics NCAA Division III intercollegiate athletics program offering students opportunities to compete while maintaining academic excellence.
• Wenzhou-Kean University International branch campus located in Wenzhou, China, offering study abroad opportunities and collaborative academic programs.
• Kean Jersey City Formerly New Jersey City University campus becoming part of Kean University following the merger closing July 1, 2026, expanding access to public higher education in Jersey City.
• Kean Ocean Satellite campus location in Toms River, New Jersey, providing educational programs and resources for students in the Ocean County region.

Quantifiable outcome

• Over 42% of students are first-generation college students
• +3 more outcomes

Named customers7 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

13 partnerships are on record, tiered core and minor.

• Newark Public SchoolscoreStrategic or Co-development Partner · 20 April 2026Partnership during Architecture Week where approximately 30 ninth-grade students participated in hands-on design event working with licensed architects and college mentors. Part of Newark Public Schools' high school redesign strategy and commitment to career and technical education.
• AIA Newark & Suburban ArchitectscoreStrategic or Co-development Partner · 20 April 2026Led by President Kelli Glasgow, this professional architecture organization partnered with Newark Public Schools and Kean University for Architecture Week design event, providing licensed architects to mentor high school students.
• NJIT (New Jersey Institute of Technology)minorStrategic or Co-development Partner · 20 April 2026Participated in Architecture Week event as faculty and student contributors alongside Kean University and Union College.
• Union CollegeminorStrategic or Co-development Partner · 20 April 2026Participated in Architecture Week event alongside Newark Public Schools, AIA Newark & Suburban Architects, NJIT, and Kean University.
• Watson Institute (Kean)coreStrategic or Co-development Partner · 2 July 2024Co-led $750,000 federal grant project to revitalize Coalport neighborhood in Trenton, addressing housing, economic opportunities, public spaces, and community connections through community-led planning.
• Michael Graves College School of Public Architecture (Kean)coreStrategic or Co-development Partner · 2 July 2024Co-led Coalport neighborhood revitalization project with Watson Institute, providing architectural expertise for comprehensive community-led planning addressing housing, economic opportunities, public spaces, and regional connections.
• Premiere StagescoreStrategic or Co-development PartnerProfessional Equity theatre company in residence at Kean University since 2009. Produces Kean Actor's Showcase in NYC, offers paid summer internships, provides master classes, awards (Bauer Boucher Playwriting Award), and recognizes student achievement. Partners on New Jersey Theatre Alliance auditions.
• New Jersey City University (NJCU)coreStrategic or Co-development PartnerHistoric merger advancing with Middle States Commission approval. Kean will acquire control of NJCU on July 1, 2026, creating combined institution serving approximately 24,500 students. NJCU Foundation receiving car show proceeds to support Jersey City students. Moody's upgraded NJCU to investment grade (Baa3) reflecting progress toward merger.
• NRS Inc.minorStrategic or Co-development PartnerCEO Francis J. Walsh III received honorary doctorate and is working with Kean's College of Business and Public Management on expanding academic programming in logistics management, supply chain management, and transportation/distribution.
• NJDOT (New Jersey Department of Transportation)minorStrategic or Co-development PartnerResearch partnership with Kean researcher Dan Liu to enhance port-area freight efficiency using AI models to optimize logistics operations across New Jersey.
• Venom Outlaws Car ClubminorGTM or Marketing PartnerCar club sponsor of 'Rep Your Ride' car show event, with member Frank Spinella participating for second consecutive year.
• Legendary Muscle Cars Auto ClubminorGTM or Marketing PartnerAuto club partner for 'Rep Your Ride' car show, with president Johnny Diaz attending and praising event diversity.
• NJCU FoundationcoreStrategic or Co-development PartnerProceeds from 'Rep Your Ride' car show (nearly $100,000) benefit NJCU Foundation to support students on Kean's newest campus, Kean Jersey City, following the merger.

Scale indicators11 records

Recent moves7 records

Expansion highlights2 records

Broad incumbents

• Rutgers University: New Jersey's flagship public research university (R1) and largest in-state competitor for students, faculty, and research funding; comparable in mission and public-university funding model to Kean but at significantly greater scale.
• Seton Hall University: Private NJ university in the same metro market with overlapping graduate, business, and education programs; serves as a benchmark for Kean's College of Education and College of Business and Public Management positioning.
• Fairleigh Dickinson University: NJ-based private university with multiple campuses (including an international campus in Wenzhou-Kean-adjacent Vancouver) and a similarly broad undergraduate/graduate portfolio; comparable on multi-campus operating model.

Direct peers

• Montclair State University: Large NJ public university with a comparable comprehensive portfolio, R2-equivalent research activity, and a focus on serving diverse and transfer student populations in the same New Jersey market.
• Rowan University: NJ public research university with R2 Carnegie designation, broad undergraduate/graduate portfolio, and recent rapid enrollment growth — closely matching Kean's trajectory and competitive positioning in NJ.
• William Paterson University: NJ public comprehensive university serving a similarly diverse, first-generation-heavy student body in the same metro region; competes directly with Kean for in-state undergraduates and transfer students.
• New Jersey City University: The NJ public university being acquired by Kean in the July 2026 merger; operates in the same Hudson County market and serves an overlapping urban, diverse student demographic, making it the most directly comparable peer.
• Ramapo College of New Jersey: NJ public college with a similarly diverse student body, strong transfer-student orientation, and proximity to the NYC metro labor market — competes with Kean for the same regional applicant pool.
• Stockton University: NJ public university with comparable size, public-comprehensive portfolio, and tuition positioning; relevant comparable on enrollment trends, affordability messaging, and NJ state funding dynamics.
• Saint Elizabeth University: Small NJ private university with a similarly diverse, social-mobility-focused student body and a comparable tuition band; relevant peer for affordability-driven competition in the northern NJ market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/KeanUniversity
• YouTubeyoutube.com/channel/UC94wvGoOYL49oTSQn4imBWQ
• Facebookfacebook.com/108256072531782
• LinkedInlinkedin.com/company/kean-university
• Instagraminstagram.com/keanuniversity

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries3 records

Funding overview

Funding rounds2 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kean University