UTTC impact means $31.8 million for local economyMay 13th, 2011 | By tcj | Category: 22-4: Honoring Student Success, Science & Technology, Tribal College News
Having a tribal college in the community means millions of dollars for the local economy. In fact, the total direct impact to the Bismarck/Mandan, ND, area from the United Tribes Technical College (UTTC) was $31.8 million in 2010, according to a study, “The Economic Impact of United Tribes Technical College on the Economy of the Bismarck/Mandan, ND Area,” published by the college in January.
“This is a substantial amount of economic activity coming from one organization,” said David M. Gipp, UTTC president. “It underscores the significance of our role in the community and emphasizes our value as an input in the Bismarck-Mandan economy.”
The economic impact generated by UTTC during Fiscal Year 2010 came primarily from external sources in the form of federal grants and student financial aid. With a 2009-10 enrollment of 1,762 students, UTTC is the third largest of the nation’s tribal colleges and universities (TCUs).
UTTC boosted the economy through the wages and salaries paid to 308 fulltime employees, non-salary expenditures for goods and services, student and visitor spending, and capital construction outlays.
During the study period, three construction projects were underway on the campus: a science and technology building, cafeteria expansion, and a multi-use bike path/walking trail. At a cost of $2.5 million, the three contracts amounted to 24% of the total construction activity on schools and educational facilities in Bismarck. According to Gipp, the college plans to continue making “significant capital expenditures” well into the future.
Despite having fewer students than Bismarck State College and the University of Mary (both located at Bismarck), UTTC has a greater economic impact on the community, on a perstudent basis. The study attributed that to three factors: student housing (more than one-fourth of UTTC students live on campus); a K-8 elementary school and three child care facilities on campus for the children of students; and economic activity from visitors who attend tribal conferences, meetings, and the United Tribes International Powwow.
The study’s author and principal investigator is economist Tom Katus, TKA Associates, Rapid City, SD.
The study is available on the United Tribes website: www.uttc.edu.