Cabrini University Market Research Report

Background

Overview

Cabrini University was a private Catholic institution located in Radnor Township, Pennsylvania. Established in 1957 by the Missionary Sisters of the Sacred Heart of Jesus, it was named after Mother Frances Xavier Cabrini, the first American naturalized citizen saint. The university was dedicated to academic excellence, leadership development, and a commitment to social justice, welcoming learners of all faiths, cultures, and backgrounds. Cabrini was among the first U.S. universities to integrate community service as a graduation requirement, emphasizing a core curriculum centered on social justice. Due to financial challenges, Cabrini University held its final commencement ceremony on May 19, 2024, and officially closed on June 28, 2024. Villanova University assumed ownership of the Cabrini campus, committing to preserve its legacy and mission.

Mission and Vision

Cabrini University's mission was to provide an "Education of the Heart," inspired by the values of the Missionary Sisters of the Sacred Heart of Jesus. The institution aimed to foster academic excellence, leadership, and a commitment to social justice among its students.

Key Strategic Focus

Academic Programs

Cabrini University offered over 50 undergraduate majors, minors, and certifications across three academic schools. The average class size was 14 students, with 92% of full-time faculty holding doctorate or terminal degrees. The university also provided part-time graduate degrees in fields such as accounting, biological sciences, data science, education, and leadership. In 2016, Cabrini introduced two part-time doctoral programs: an EdD in Educational Leadership and a PhD in Organizational Development.

Core Curriculum

The "Justice Matters" core curriculum was a distinctive feature of Cabrini's academic offerings. This program aimed to develop students' skills for career advancement and community benefit, linking theoretical knowledge to practical application. It emphasized raising awareness of social issues, hands-on involvement in social justice, and fostering value-driven decision-making.

Financials and Funding

Financial Overview

In the fiscal year ending June 2024, Cabrini University reported revenues of $32.2 million and expenses totaling $78.2 million, resulting in a net loss of approximately $46 million. Total assets were valued at $11.5 million, with liabilities of $9.76 million.

Endowment

As of 2022, the university's endowment stood at $34.6 million.

Leadership Team

Key Executives

Helen Drinan: Interim President

Lynda Buzzard: Vice President of Finance & Treasurer

Angela Campbell: Vice President of Mission (until May 2024)

In 2022, the university faced a $5 to $6 million deficit and declining enrollment, prompting the elimination of several senior academic leadership positions, including the provost. This restructuring aimed to achieve financial stability within three years.

Competitor Profile

Market Insights and Dynamics

Cabrini University operated in a competitive higher education landscape, particularly among private Catholic institutions in Pennsylvania. The market faced challenges such as declining enrollment and financial sustainability, affecting many similar-sized universities.

Competitor Analysis

Key competitors included other private Catholic universities in the region, such as Gwynedd Mercy University and Immaculata University. These institutions offered comparable academic programs and targeted similar student demographics.

Strategic Collaborations and Partnerships

In June 2023, Cabrini University and Villanova University announced an agreement for Villanova to assume ownership of the Cabrini campus. This partnership aimed to preserve Cabrini's legacy and mission within the framework of Villanova's operations.

Operational Insights

Enrollment Trends

Enrollment declined from 2,360 students in the 2016–2017 academic year to approximately 1,500 students by 2022. This decrease significantly impacted the university's financial health and operational sustainability.

Student Life

Cabrini University offered a vibrant student life with over 50 student clubs, organizations, and honor societies. Approximately 41% of undergraduate students lived on campus in nine residence halls. The university also had 19 NCAA Division III sports teams, achieving 100 championships since 1993.

Strategic Opportunities and Future Directions

Following Cabrini University's closure, Villanova University has committed to maintaining the Cabrini name for the campus and preserving its overarching legacy and mission. This transition offers opportunities to integrate Cabrini's values and programs into Villanova's broader educational framework.