Greg Schiano is officially back to his old stomping grounds.

The Rutgers athletic department formally announced on Tuesday that Schiano would make a return as head coach of the football team after an impressive stint with the program from 2001 to 2011. Schiano, 53, was appointed following the approval from the university’s Board of Governors.

“Rutgers University and this football program have meant the world to me and my family,” Schiano, a Wyckoff, New Jersey native, said in a release. “I arrived here in 2000 with the goal to build a program that would be a source of pride for the state of New Jersey and develop great young men. I look forward to embracing that challenge once again. This is a great opportunity for all of Rutgers to pull together to get us back to where we all know we belong. It will take everyone on this campus and in the state of New Jersey to get this done.”

Discussions broke down early last week between Rutgers and Schiano, with the two sides unable to come to an agreement. But talks were revived midweek, and an eight-year, $32 million agreement was struck early Sunday morning.

Among many bonuses for the team’s on-field and academic performance and coaching accolades, the contract — a copy of which was obtained by The Post through an Open Public Records Act request — includes a $50,000 bonus if Rutgers gets at least 20,000 season tickets, and Schiano will get an additional $50,000 for each of the following season-ticket thresholds: 24,000, 28,000 and 32,000. Rutgers sold fewer than 17,000 season tickets in 2019, after reaching nearly 32,000 in 2015.

Additionally, Schiano will have a $7.75 million budget for hiring assistants, nearly triple the previous budget.

There’s no firm commitment to constructing new football facilities other than Rutgers’ in-print acknowledgement a new football headquarters and multi-sport indoor practice facility are “both necessary and desirable.” Former coach Chris Ash, who was fired in September, made the same requests, but Rutgers never progressed.

In the absence of a design or a timeline, the contract says 50 percent of the projected cost for the project — possibly $150 million, according to NJ Advance Media — would have to be raised privately before the school initiates Board of Governors approval.

“Today we open the next great chapter for Rutgers football,” Rutgers athletic director Pat Hobbs said in a statement. “Coach Schiano is absolutely the best person to lead our program. He brings a quality of leadership and integrity that will make all of us proud in the years ahead. I couldn’t be more excited for our student-athletes and our fans. A lot of hard work lies ahead, but we will all keep chopping together with Coach to achieve success in the Big Ten. We all know what the goal is and we much do our part.”

After leaving Rutgers in 2011 for his first head coaching job in the NFL with the Buccaneers, Schiano posted a combined 11-21 record through two seasons with Tampa Bay before getting fired after the 2013 season. He spent three seasons as Ohio State’s defensive coordinator before a brief stint with the Patriots, where he unexpectedly resigned before the team could even announce the hire.

— With Ryan Dunleavy