THE IMPACT OF EXCELLENCE
2015 ECONOMIC IMPACT
Since 1957, Southern Illinois University Edwardsville has served as an anchor to the economic health and stability of the region. As state funding has diminished over time, the University has continued to serve as a responsible steward, implementing academic programs and responding to societal needs in a changing economic landscape. SIUE’s impact on the local region is profound, whether the focus is on educational opportunities, housing, local business and entertainment, or the quality and preparedness of our graduates. This economic impact study is the third in a succession of five-year snapshots. Each study has yielded valuable information regarding the extent of SIUE’s reach and influence within southwestern Illinois. For fiscal year
$514,000,000 SIUE’s Economic Impact
2015, SIUE reports a total economic impact of $514 million, generating approximately $8.60 for every dollar invested in the University. This is an increase of nearly $1.80 over the previous study in 2010, and provides proof that SIUE remains a vital economic engine for the region. Significant progress continues in the areas of job growth (SIUE is the second largest regional employer), grants and contracts funding, and University-related expenditures in the region. The force of SIUE’s momentum can be traced to the strategic planning that occurs at all levels and that is based on the University’s five core values: Citizenship, Excellence, Inclusion, Integrity and Wisdom. SIUE has identified a number of long- and short-term goals in support of its values, all of which are dedicated to the enrichment of the southwestern Illinois region and the well-being of its citizens. In achieving these goals, the University continues to develop and provide quality educational opportunities, jobs, economic health and hope in challenging times. Read on for further evidence of the Power of “e.”
Julie Furst-Bowe, EdD SIUE Chancellor
MISSION Southern Illinois University Edwardsville is a student-centered educational community dedicated to communicating, expanding and integrating knowledge. In a spirit of collaboration enriched by diverse ideas, our comprehensive and unique array of undergraduate and graduate programs develops professionals, scholars and leaders who shape a changing world. VISION Southern Illinois University Edwardsville will achieve greater national and global recognition and academic prominence through innovative and interdisciplinary programs that empower individuals to achieve their full potential. STATEMENT ON DIVERSITY The SIUE Statement on Diversity reflects SIUE’s commitment to recognizing and valuing the contributions of the breadth of humankind. All societies and peoples have contributed to the rich mix of contemporary humanity. In order to achieve domestic and international peace, social justice and the development of full human potential, we must build on this diversity and inclusion. • Southern Illinois University Edwardsville nurtures an open, respectful, and welcoming climate that facilitates learning and work. Each member of the University is responsible for contributing to such a campus environment. • Southern Illinois University Edwardsville is committed to education that explores the historic significance of diversity in order to understand the present and to better enable our community to engage the future. • Integral to this commitment, Southern Illinois University Edwardsville strives for a student body and a workforce that is both diverse and inclusive.
SIUE generates $8.60 in the local economy for every $1 invested by the state
SIUE’S TOTAL ECONOMIC IMPACT 2005 $356 million
2010 2015 $471 million $514 million
SIUE’s total economic impact on the region is more than $514 million. The importance of the University continues to grow in the St. Louis Metropolitan area. SIUE creates jobs, educates a skilled workforce, and attracts students and visitors from around the globe. SIUE enrolled its largest freshman class to date in fall 2014 with 2,126 students, and the University’s total enrollment is approximately 14,000 students. Despite decreased funding from the state, the University has increased its economic impact by nine percent since 2010. For every state dollar spent on SIUE, the University generates $8.60 of economic impact in the local economy.
nearly
2,100 full-time employees
9,200 regional jobs
generated
GENERATING JOBS The number of regional jobs generated by SIUE grew from 8,800 in 2010 to 9,200 in 2015. With nearly 2,100 full-time employees, SIUE is the second largest employer in the Madison-St. Clair County region. Including graduate assistants, student workers, and part-time and temporary workers, 5,900 people worked for SIUE during fiscal year 2014. Total payroll was more than $145 million. More than 9,000 jobs exist in the region as a result of business generated by SIUE employees, students, annuitants and visitors.
SIUE athletics generated
50% more expenditures in
the region than in 2010
SIUE DIRECT EXPENDITURES
2005 2010 2015
University Operations. . . . . . . . . . . . . $9.1 million. . . . $65.7 million. . . . $67.5 million Household Expenditures. . . . . . . . . . . $142.1 million. . $229.0 million. . . $262.5 million Visitors’ Expenditures. . . . . . . . . . . . . . $27.4 million. . . $46.8 million. . . . $32.7 million Total. . . . . . . . . . . . . . . . . . . . . . . . . . . .$178.7 million. . $341.5 million. . . $362.7 million
SIUE fuels the local economy with direct expenditures. SIUE insurance benefits help pay medical providers on behalf of employees. Construction projects employ engineers, laborers and other vendors. The University’s employees, students and visitors also generate business in the region. Household expenditures of students, employees and annuitants contribute roughly $262 million to the region. Visitors attend SIUE sporting events, conferences and shows. SIUE Athletics transitioned to NCAA Division I in 2012. Expenditures in the region as a result of SIUE athletics activities have nearly doubled from $249,000 in 2010 to $497,000 in 2015.
$ $40 MILLION
in grants and contracts for research, teaching and service initiatives (FY14)
GRANTS Grants are used for research and services that have a positive effect in the region and beyond. SIUE faculty and staff receive grants and contracts from funding organizations such as NASA, National Endowment for the Arts and the United States Environmental Protection Agency. • The U.S. Department of Labor awarded a grant worth $9,956,011 to SIUE as part of the Trade Adjustment Assistance Community College and Career Training initiative. SIUE will partner with employers to expand and improve their ability to deliver education and career-training programs in information technology, health care, energy and advanced manufacturing. • SIUE received a $1 million grant from the National Science Foundation to provide scholarships, stipends and programming to certify mathematics teachers to serve in high-needs rural and urban communities in southwestern Illinois. • SIUE created “Digital East St. Louis” with grant funding from the National Science Foundation. The project offers information technologies, computing experiences and role models for underserved middle-school youth in an out-of-school setting. • The SIUE East St. Louis Center receives approximately $14 million in grant awards each year and applies those funds toward comprehensive programs, services and training for children and families in the community.
50,000 SIUE ALUMNI
LIVE and WORK IN THE REGION
$24 million in tax revenue
CREATING AN EDUCATED WORKFORCE SIUE creates an educated workforce. More than half of SIUE’s 95,000 alumni live in the region. Approximately 9,000 students—more than two-thirds of the student population—would not be living in the St. Louis Metro area if not for SIUE.
GENERATING TAX REVENUE SIUE generated more than $24 million in state and local tax revenues. More than 65 percent of these revenues came from taxes paid by University households (employees, students and annuitants) and the businesses these households support.
SIUE: A $1 BILLION ASSET The value of SIUE’s buildings, infrastructure, land, Alton campus and East St. Louis Center surpasses $1 billion. The University has spent more than $160 million on construction projects since 2010.
70% of freshmen choose to
LIVE ON CAMPUS
ACT SCORE Illinois Average National Average
20.7 21.0
Fall 2014 Freshman Class
23.5
INCREASING ENROLLMENT AND DIVERSITY TOTAL STUDENTS Fall 2014: 13,972
FALL 2014 SIUE FRESHMEN 29%
11,421 Undergraduate
61% Black/African-American
diverse 17% Latino 14% Two or more races 6% Asian 1% International 1% American Indian Alaskan Native Native Hawaiian Pacific Islander
2,030 Graduate
521 Doctor of Professional Practice
SIUE’s fall 2014 semester featured a record freshman class of 2,126 students. Overall enrollment grew to 13,972, or one percent more than last fall, including a 3.5 percent increase in the first-year retention rate. Among the fall 2013 freshman class, 73.2 percent of students returned for their sophomore year. Diversity at SIUE has been growing over the last several years. Since fall 2010, African-American enrollment has grown 28 percent to more than 1,800 students. The Latino student population has grown 19 percent to almost 500 students. Adding to the diverse SIUE student body, enrollment of international students has surpassed 400 for the first time since 2004. There are 430 students on campus from 44 international countries, accounting for three percent of current SIUE students.
RANKED
TOP
TIME RECIPIENT OF THE 2014 HIGHER EDUCATION EXCELLENCE IN DIVERSITY AWARD
MASTER’S UNIVERSITIES in the nation by Washington Monthly
by INSIGHT Into Diversity
CONSECUTIVE YEAR ANNUAL PRESIDENT'S HIGHER EDUCATION COMMUNITY SERVICE HONOR ROLL
14 OF ONLY
5
th
1
40
RANKED
1
st
st AMONG MASTER’S
UNIVERSITIES in Illinois by Washington Monthly
RANKED
MIDWEST UNIVERSITIES
TOP
TO BE RECOGNIZED AS AN
“UP AND COMING” UNIVERSITY
in the nation by The Daily Beast
9
th
SIUE provides top-ranked education and is recognized nationally for its achievements in academics, service and scholarly activity.
50
SAFEST COLLEGES
by U.S. News & World Report
CONSECUTIVE YEAR THE SCHOOL OF BUSINESS IS NAMED AN OUTSTANDING BUSINESS SCHOOL by The Princeton Review
RANKED
TOP
15
PUBLIC UNIVERSITIES: Best Regional Universities Midwest by U.S. News & World Report
6
th CONSECUTIVE YEAR MILITARY FRIENDLY SCHOOL by Victory Media
RANKED
8
th IN EXPENDITURES
FOR RESEARCH by Washington Monthly
ABOUT SIUE Southern Illinois University Edwardsville provides students with a high-quality, affordable education that prepares them for successful careers and lives of purpose. Built on the foundation of a broad-based liberal education, and enhanced by hands-on research and real-world experiences, the academic preparation SIUE students receive equips them to thrive in the global marketplace as well as enhance their local communities. Situated on 2,660 acres of beautiful woodland atop the bluffs overlooking the natural beauty of the Mississippi River’s rich bottom land and only a short drive from downtown St. Louis, the SIUE campus is home to a diverse student body of nearly 14,000. SIUE awards degrees in undergraduate and graduate programs encompassing the arts and sciences, nursing, education, business and engineering. The Schools of Dental Medicine and Pharmacy award doctor’s first professional degrees in dental medicine (DMD) and pharmacy (PharmD). The Schools of Nursing and Education, Health and Human Behavior award doctoral degrees in nursing practice (DNP) and educational leadership (EdD). SIUE is an NCAA Division I member of the Ohio Valley Conference, as well as the Missouri Valley Conference in men’s soccer and the Southern Conference in wrestling. The Edwardsville campus is supplemented by campuses in Alton and East St. Louis.
“SIUE’s economic impact study helps quantify the University’s financial influence on the region. Of even greater significance is the positive and far-reaching impact of the dedication of our employees and the contributions of our students.” Julie Furst-Bowe, EdD SIUE Chancellor
Visit siue.edu/economicimpact for more details about SIUE’s economic impact study, including methodology and analysis. This project was led by John C. Navin, Timothy S. Sullivan and Warren D. Richards, SIUE School of Business, Department of Economics and Finance. Published March 2015
Printed by authority of the State of Illinois, 2/15, 1,600, 15090392
SIUE adds value to people’s lives. From direct and tangible benefits to quality of life considerations, SIUE is a community partner dedicated to fostering a climate of collaboration, cooperation and stewardship. siue.edu/economicimpact
SIUE is proud to support responsible use of forest resources.