The annual economic impact that Grand Valley State University has
on the region rose by nearly $40 million to $680.4 million. The
university issued its yearly economic impact report during its April
29 Board of Trustees meeting.
The report covers Kent,
Ottawa and Muskegon counties, and uses 2009-2010 data. The university
employs more than 3,000 people and brings nearly 25,000 students to
West Michigan.
Some additional highlights are:
- More than 10,200 permanent off-campus jobs in the region exist due
to the presence of Grand Valley’s campuses in those communities.
- Businesses saved more than $25 million because of the 6,811
Grand Valley students who are doing internships, practica, and student
teaching -- see more details here.
- Grand Valley created 700 trade and construction jobs and
pumped $32 million into the economy because of construction projects
in 2010.
- Grand Valley alumni now number more than 78,000
with the majority living in Michigan and nearly half living or working
in West Michigan’s tri-county area.
For a complete look at
Grand Valley’s Economic Impact on West Michigan annual report, click
here.
Grand Valley State University attracts more than
24,500 students with high-quality programs and state-of-the-art
facilities. Grand Valley is a comprehensive university serving
students from all 83 Michigan counties and dozens of other states and
foreign countries. Grand Valley offers 78 undergraduate and 29
graduate degree programs from campuses in Allendale, Grand Rapids and
Holland, and from regional centers in Muskegon and Traverse City. The
university is dedicated to individual student achievement, going
beyond the traditional classroom experience, with research
opportunities and business partnerships.
Grand Valley State's regional impact tops $680 million
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