[20] Edwin's will was executed by surviving wife, Martha Bayard Stevens, who would also serve as a lifetime Trustee of the institute that now bears the family's name.
[citation needed] Martha and her brother, Samuel Bayard Dod, are responsible for much of the organization for the institute including the hiring of the first president, Henry Morton.
[citation needed] Stevens Institute of Technology opened in 1870, offering a rigorous engineering curriculum grounded in scientific principles and the humanities.
In recognition of the progress Stevens made through its strategic plan, the American Council on Education presented the university with its 2018 ACE/Fidelity Investments Award for Institutional Transformation.
The award is given to "institutions that have responded to higher education challenges in innovative and creative ways and achieved dramatic changes in a relatively brief period.
[48][49] The Stevens suit against the attorney general contended that she had overstepped her legal authority over a private institution and sought that any case be pursued by confidential arbitration.
[50] On January 15, 2010, a settlement was reached in which Raveché was ordered to repay the low-interest loans offered to him by the university and increased oversight by the state of New Jersey until 2016.
The building was designed by renowned architect Richard Upjohn and featured a five-story, 80,000-square-foot hall in the High Victorian Gothic style adorned with heavy-stone masonry, brickwork, pointed arches, and intricately carved sculptures and ornaments.
Modernly, the building is home to the Charles V. Schaefer Jr. School of Engineering and Sciences, performing arts space, laboratories, offices, and lecture halls.
The building was designed by Ackerman & Partridge and featured three-stories, ten prominent brick chimneys rising high above its roofline, with limestone and copper trimings in a Classical Revival style.
[65] The exterior of the building was made of variegated deep-toned brick with raked joints, lime and terracotta stone trim, and a green shingled tile roof.
[69] In later years, however, the ship's burgeoning operating and repair costs, combined with a more favorable housing outlook, forced the institute to sell Stevens in 1975.
[77] The Hoboken Historical Museum hosted a six-month exhibition on the Stevens Family and their contributions to American life and featured many of the library's contents.
It approves the operating and capital budgets, supervises the investment of the university's endowment, and oversees campus real estate and long-range physical planning.
The trustees also exercise prior review and approval concerning changes in major policies such as those in instructional programs and admission as well as tuition and fees and the hiring of faculty members.
The Schaefer school offers 15 bachelor's, 29 master's and 16 doctoral degrees with a variety of certificates in engineering and scientific disciplines for full-time students and part-time professionals.
[114] The school's education and research reaches across industries, including defense, homeland security, intelligence, nuclear weapons, communications, space, infrastructure, finance and business solutions.
[120] Undergraduate students may elect to follow the cooperative education program, usually extending their timeline from four to five years, to gain about 18 months of increasingly progressive work experience.
[128] The center includes the Davidson Laboratory, a research facility focused on physical modeling and computer simulation of marine craft designs.
HfMI research areas include extrusion, die and extruder design, crystallization, surface science, particle size analysis and rheology.
[136] The U.S. Department of Energy invited Stevens to compete in the 2015 Solar Decathlon held at Orange County Great Park in Irvine, California, among 19 other universities.
[139] Stevens embraces a culture of entrepreneurship instilled in the institute from its founding family, who transformed their inventions into a number of successful enterprises like the first steam-driven locomotive.
[144] Launchpad@Stevens is a one-year program that gives undergraduate students the chance to learn about entrepreneurship and innovation alongside professionals who are building technology-based businesses.
With an athletics lineage that dates back to 1872,[163] Stevens was one of five schools (along with Rutgers, Princeton, Columbia and Yale) invited to establish the original set of collegiate football rules in 1873.
Stevens men's basketball has won two NCAA Division III statistical championships, leading the country in field-goal percentage defense during the 2007–2008 season[citation needed].
[185] The 2008 men's soccer team reached the Division III NCAA championship game, losing to Messiah College (now University) on penalty kicks.
[191] Barito, who was also named by CoSIDA/Capital One to the Academic All-America First Team, was only the second Division III athlete to win the NCAA Woman of the Year Award in its 21-year history.
Stevens was named ECAC Institution of the Year in 2008 and again in 2013,[205] an honor that measures a combination of athletics success and classroom academic performance at more than 300 Division I, II and III colleges and universities.
The Schaefer Center construction was part of a $23 million investment in new facilities that also included renovations to Walker Gym and installation of a new turf field.
Softball competes at Waterfront Park in Weehawken, N.J. Stevens Institute of Technology hosts chapters of 21 social and academic fraternities and sororities, many of which were founded on campus over a century ago.