Economic Impact
UVM's ECONOMIC IMPACT
THE DOLLARS
$ 387,000,000 in direct annual
University-related spending in Vermont.
$ 968,000,000 in direct and
indirect impact on the Vermont economy.
$ 342,000,000 in annual
salaries and benefits for over 3,700 faculty and staff employees.
$ 268,000,000 invested in 35
major capital construction projects since the beginning of 2005.
$ 12,000,000 annually in
visitor-related expenditures within the Vermont economy.
$ 1,200,000,000 in annual
earnings of 27,800 alumni living in Vermont. (approximate)
$ 122,000,000 annually in
research grants and contracts, with 88% coming from out-of-state
sources.
$ 528,000,000 total operating
budget for FY 2008, a 12 to 1 return on investment for the state’s
appropriation to the University of $42.3 million.
THE NUMBERS
•
Fall 2008 student enrollment
increased to 12,800 undergraduate, graduate, medical,
post-baccalaureate, and non-degree students from 50 states and over 40
foreign countries.
•
The University’s eight schools and
colleges offer 97 bachelors, 54 masters, and 23 doctoral
programs, including the doctor of medicine.
•
Employment of 1,359 faculty
and 2,418 staff, a total of 3,777 employees, makes the University
Vermont’s fourth largest employer.
•
Almost 28,000 (30%) of the
University’s 93,000 alumni live in Vermont and contribute to
their state and local communities.
Last modified March 03 2009 11:12 AM
