Economic Impact: $93 million
The University's economic impact on the region was $93 million for the year ended June 30, 2001, based on economic multipliers used by the Pennsylvania Economy League. A private, selective liberal arts university now enrolling more than 1,800 students, Susquehanna also contributes significantly to the educational and cultural resources of the Central Susquehanna Valley.
The University as Employer
With a payroll of about 400, the University is among the largest employers in the Central Susquehanna Valley.
| Local Wage Taxes Paid | $138,080 |
| State Income Taxes Paid | $381,223 |
| Federal Income Taxes Paid | $1,695,464 |
| Social Security Taxes Paid | $1,956,143 |
| Total Salaries and Wages | $14,089,600 |
| Total Benefits | $3,847,000 |
Investment in the Region
| Student body spending (est.) | $2,040,000 |
| Local Checking accounts | $450,000 |
| Short-Term Investments |
| Long-Term Investments | $6,000,000 |
| Construction Spending | $8,502,773 |
| (five-year average) |
Direct Expenditures
Spending for contracted services, supplies and general administration, occupancy and other costs, and capital expenditures for the year total $27.9 million, the majority spent in the region. The University's total annual budget exceeds $35 million.
Visitor Spending
Nearly 74,000 visitors - alumni, parents, friends, admissions prospects, and spectators and participants for educational, cultural and athletic events - travel to campus during the year and spend an estimated $2.2 million in the region.
Direct Services
The Susquehanna University Public Safety Office has a long-standing mutual aid agreement to provide 24-hour assistance to the Selinsgrove Borough Police when requested. The University also shares maintenance equipment with the borough on an as-needed basis.
Volunteer Services
About two-thirds of the student body - more than 1,100 students - volunteered 51,060 hours of service during the year. The Center for Volunteer programs and Service Learning coordinates assistance to more than 30 charitable and civic organizations in the community. Student volunteers who live together in the University's Project House system have contributed more than 361,560 hours - the equivalent of nearly 174 years of work - since 1976.
Continuing Education Programs
The University's Division of Continuing Education sponsors a wide variety of computer training and credit and non-credit classes to serve employers and individuals, from children to senior citizens. Campus rental facilities range from computer labs and video studios with downlink capabilities, to meeting and banquet facilities.
Assistance to Area Businesses
The Sigmund Weis School of Business regularly sponsors programs and provides faculty-directed student consulting services to area small businesses.
Susquehanna Children’s Center
The University provided the building site for the Susquehanna Children's Center, a community child-care facility independently operated by Snyder, Union, Mifflin Child Development Inc.
Service to Area Schools
Outreach programs to regional schools by students and faculty from the University's Department of Education and other departments.
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Contact: Victoria Kidd
570-372-4119
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