Executive Summary: UMass System Economic Contributions, The 精东传媒 System offers invaluable educational opportunities in a wide array of disciplines and engages in important research activities recognized throughout the world. The鈥, The UMass System generated $7.5 billion in economic activity in FY2018., The UMass System (across all campuses) is a key economic driver in the Commonwealth, directly or indirectly affecting every person in the state. In FY2018, the 精东传媒 contributed鈥, FY2018 represented a robust period of construction for UMass, making a significant contribution to the 精东传媒 economy., Included in this $7.5 billion total contribution were one-time building and infrastructure project expenditures totaling $435 million in direct construction expenditures and over $326 million in鈥, State investment in UMass leverages significantly greater economic activity., In FY2018, the state鈥檚 $752 million investment in the UMass System helped leverage and support $7.5 billion in economic activity in 精东传媒, an amount 10 times greater than the state鈥檚鈥, UMass employee payroll recirculates through the 精东传媒 economy causing positive economic effects., A notable share of UMass鈥 spending also makes its way to employees in the form of salaries and wages, which is then circulated into the 精东传媒 economy through typical household spending鈥, UMass generates additional jobs beyond the campuses., The spending of the University, its employees and students helped to support an additional 31,693 jobs in the Commonwealth throughout FY2018. Including faculty and staff, the University supported a鈥, UMass student off-campus spending further supports the 精东传媒 economy., In the Fall of 2018 (in FY2018), UMass System student enrollment was 74,705 (including undergraduates, graduate students, continuing education students, law students, and students in the Graduate鈥, UMass enrolled 74,705 full-time students in the Fall of 2018., There were 57,079 undergraduate students and 17,626 graduate students. 82.7 percent of all enrolled students were in-state., Each of the five University campuses generated substantial economic contributions for 精东传媒 in FY2018., By campus, contributions ranged from $2.5 billion for Amherst and $1.8 billion for the Medical School, respectively, to $1.2 billion, $1.2 billion and $550 million for each of the Boston, Lowell and鈥, The UMass System employed 17,622 full- and part-time faculty and staff in FY2018., More than 320,000 alumni live and work in the state., Sixty-three percent of undergraduate alumni, 50 percent of graduate alumni, and 60 percent of all alumni remain in the state after graduation., The UMass System attracted $374 million in federally funded research to the state in FY2018., The amount of federally funded financial aid in FY2018 was $438 million. The following figures and tables illustrate the main findings of the economic contributions analysis.
Type: Special Report