The University of North Carolina at Pembroke creates significant value for the state, region and Robeson County, according to a UNC General Administration study that was released on February 18, 2015.
The study, titled “Demonstrating the Collective Economic Value of the University of North Carolina System,” examined the statewide benefits of all 16 universities and two hospitals. The study broke out UNC Pembroke’s economic impact statewide, in its nine-county regional service area and in Robeson County.
The first-ever study used data from the 2012-13 fiscal year. Companion studies released at the same time disclosed the economic impact of the state’s community colleges and private colleges and universities.
The focus of the economic impact study was on value created through operations, research, construction, medical care and student and visitor spending. The university system also creates value through its mission to increase the employability and income of its graduates.
The analysis shows that in the 2012-13 fiscal year, UNCP’s payroll and operations spending of $116.4 million, together with its construction and student, alumni and visitor spending, created a total of $389.9 million in added state income. This is the equivalent of creating 6,622 new jobs.