Aside from the bounty of programs and outreach activities the university engages in, there's further proof of UVM's positive effects on the state in the numbers (as of 2013).
- Employment of over 3,917 employees (faculty and staff combined), makes the university Vermont's fourth largest employer.
- More than 31,400 (30%) of the university's 103,000 alumni live in Vermont and contribute to their communities.
- Each year, UVM commits an increasing amount of its revenue — almost $14 million in FY 2013 — to grants and scholarship aid for Vermonters. 86% of Vermont undergraduates will receive some form of financial aid, scholarships or grants from the university.
- $438.7 million in direct annual university-related spending in Vermont
- $1.0 billion in direct and indirect impact on the Vermont economy
- $390.7 million in annual salaries and benefits for over 3,900 faculty and staff employees
- $450 million invested in 82 major capital construction projects since the beginning of 2002.
- $13.8 million annually in visitor-related expenditures in the Vermont economy
- $1.6 billion in annual earnings of over 31,400 alumni living in Vermont (approximate)
- $106 million annually in research grants and contracts, 84% of which comes from out-of-state sources
- $617 million total operating budget for FY 2013. This results in a 15:1 return on investment for the state's appropriation to the university.
Last modified January 27 2014 10:28 AM