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Economic & Community Impact

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This report reviews both the quantitative and qualitative ways in which The University of Scranton makes a positive economic and community impact on the City of Scranton and Northeastern Pennsylvania.

-Most numbers, unless otherwise noted, are based on the 2011-2012 fiscal year ending May 31, 2012.

Economic and Community Impact: At a Glance

• Each year, the University offers more than 100 free events to the public.

• The University had a $404,077,660 regional economic impact in 2011-12 – $5.09 billion since 1980.

• Students spend an average of $1.4 million off campus each month.

• Community organizations held more than 4,500 events at the University since 2004.

• University employees and alumni make up nearly 10% of the City’s workforce and nearly 1 in 10 City residents are students, alumni or employees.

• Last year, the University voluntarily contributed $175,000 to the City and $58,500 to Lackawanna County – $2.7 million & $1.3 million respectively since 1983.

• The University committed $3.16 million to beautify Mulberry Street.

• The Scranton Small Business Development Center provided 631 consulting hours to 115 clients in the City in 2011-12 with six businesses started, 18 jobs created & 11 saved – 87 new City businesses & 440 jobs created since 1997.

• 2,750 students contributed more than 175,000 hours of service in the region and beyond last year – 1.9 million service hours since 1997.

• Student, physician and nurse volunteers in the Leahy Clinic provide free healthcare services to Lackawanna County’s uninsured residents – 1,400 patients in 2011-12.

• The University has invested in more than 30 major construction projects since 1980.

• In 2012, the University awarded more than $52 million in student aid.

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