Our Role in the Economy
SMSU’s impact on the regional economy is calculated to be $173.1 million, according to a study commissioned by the Minnesota State system. This includes a direct impact of $86.3 million, and an indirect/induced impact of $86.8 million. The University supports and sustains 1,421 jobs annually, according to the study. SMSU directly employs 417 people. An estimated $2.4 million in charitable donations and volunteer activities are generated annually by SMSU faculty, staff and students. SMSU faculty, staff and students donate an average of $469,715 annually to local charitable organizations. Faculty, staff and students donate over $1.9 million in volunteer time annually. 26
