
1 minute read
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