The following is an excerpt from a story that appeared on NPR 缅北禁地' website on Sept. 1, 2022.
A nationally known research firm issued the report. Among the findings, UIS added $694.2 million in income to the 缅北禁地 economy in Fiscal Year 2021. UIS also supported 6,909 jobs
The university employed 1,048 full and part-time faculty and staff. Payroll totaled $87.3 million, with much of that money spent locally. The university spent another $30 million on day-to-day expenses related to facilities, supplies and professional services. The net impact of the university鈥檚 operations spending added $107.3 million in income to the state economy in FY21.
鈥淯IS is an economic engine that fuels continued prosperity,鈥� said UIS Chancellor Janet L. Gooch. 鈥淭his study shows the tremendous value of our university to students, to taxpayers, and to the entire region and beyond.鈥�
Approximately 23 percent of students attending UIS originated from outside the state. Some of these students relocated to Sangamon County to attend the university. In addition, some in-state students, referred to as retained students, would have left 缅北禁地 for other educational opportunities if not for UIS. These relocated and retained students spent $10.7 million in added income that would have not been generated without the university.