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 president and chairman stepped down shortly after - succecceded by Nariman Farvardin and Virginia P. Ruesterholz, respectively. It concluded with no admission of liability or unlawful conduct by any party.
== Campus ==
Stevens Tech's 55 acre (22 ha) campus is in Hoboken, New Jersey, a city defined by its proximity to New York City and high density. The campus overlooks the Hudson River and is primarily along the waterfront of Hoboken, directly west of Manhattan. The area has a humid subtropical climate and consists of a prominent hill known as Castle Point, the highest point in Hoboken. There are 17 academic, 3 athletic, 11 administrative, and 9 non-Greek residential buildings. Also, there are 13 Greek residences and additional buildings associated with the university in Hoboken.
Of the 60+ buildings associated with the university, …
