The new President of Rutgers University is outlining some of his goals.

Robert Barchi says Rutgers needs to do a better job of raising money.

 “The targets that I have for philanthropy, the things that I think are probably the most important, are generating funds for student scholarships and generating funds for endowed professorships. Both of those are critical for making this a great university.”

Barchi wants to reduce the subsidy the university pays for Rutger’s athletic programs.

“Right now the budget is roughly $60 million. We’re down now to about  $18 million worth of university funds that are going into that. That’s down a million dollars from last year, and my commitment is to continue to drive that number down. It’s not going to get to zero in the next five years, but we’re going to see a continuous trend line going downward.”

Barchi does not expect the takeover of two medical schools as part of the state’s higher education restructuring to cause an increase in Rutgers tuition.