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IMPACT
SMSU’s impact on the regional economy is estimated at $286 .5 million, according to a study commissioned by the Minnesota State system in 2023 . This includes a direct impact of $86 .3 million and an indirect impact of $86 .8 million .
The University supports and sustains 2,248 jobs each year—1,614 direct and 634 indirect . SMSU employs 413 people .
An estimated $4,265,823 in charitable donations and volunteer activities are generated annually by SMSU faculty, staff, and students . This includes donations of $538,755 and the equivalent of $3 .7 million in volunteer time . Approximately, 9,080 alumni live and work in Minnesota, generating $424 .5 million in economic impact, and sustaining 2,309 jobs . Over their 40-year careers, SMSU alumni will generate roughly $17 billion to the economy .
SMSU, our suppliers, students, and visitors generate $23 .4 million in combined impact on the local and state tax revenue . This includes a direct impact of $15 .9 million and an indirect impact of $7 .5 million .