A Century of Economic ImpactLoyola University New Orleans has been a pillar of economic stabilitythroughout its 100-year history. Today, as we continue forth in the midst of ourcity’s urban revival and an unsure national economy, this fact remains—Loyolaadds substantial economic value to New Orleans by employing its residents,attracting talent to the city, educating students to enter its workforce, anddirectly injecting money into its markets.

Loyola is a major employer in a city driven by small businesses, with workerswho range from expert physicists to alumni relations liaisons. Our employeepool consists of highly trained professionals attracted to New Orleans fromother states and countries, as well as many who were born and raised inLoyola’s hometown. Our salary-intensive budget results in a large portion ofLoyola’s spending going directly to employees who, in turn, spend it in thecommunity. Hundreds of workers from a variety of local businesses come toLoyola each day to help us move forward on the transformation of our physicalcampus and perform day-to-day operations.

Several major construction projects are underway at Loyola, with others tolaunch in the near future. These brick-and-mortar developments are visiblerepresentations of campus-wide improvements at Loyola, such as enrichment ofour student body and faculty, increased research, and a continued emphasis oncommunity engagement. Although the university’s holistic impact is muchgreater than any dollar amount could quantify, our economic impact alone is ofunquestionable importance to New Orleans.

Information has been provided by the College of Business.

www.loyno.edu

6363 St. Charles AvenueNew Orleans, LA 70118

2011 – 2012 ECONOMIC IMPACT REPORT

Loyola University New Orleans, a Jesuit and Catholic institution

of higher education, welcomes students of diverse backgrounds

and prepares them to lead meaningful lives with and for others;

to pursue truth, wisdom, and virtue; and to work for a more just

world. Inspired by Ignatius of Loyola’s vision of finding God in all

things, the university is grounded in the liberal arts and sciences,

while also offering opportunities for professional studies in un-

dergraduate and selected graduate programs. Through teaching,

research, creative activities, and service, the faculty, in cooperation

with the staff, strives to educate the whole student and to benefit

the larger community.

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Direct Impact:$160.4 millionDuring the 2011 – 2012 fiscal year,Loyola’s economic impactamounted to $160.4 million, themajority of which went directlyinto the Greater New Orleans andLouisiana economies.

Loyola’s economic impact on theGreater New Orleans area resultsfrom expenditures to localcompanies, employment of localpersonnel, and attracting studentsand employees from out of statewho work and spend in the area.

The university spent $28.4 milliondollars on utilities, insurance, debtservice, and miscellaneous costs outof its normal operating budgetduring 2011 – 2012, plus another$17.9 million on similar expensesfrom grants and restricted funds.Loyola spent an additional $24.2million on construction and capitalimprovement projects such as therenovation of Monroe Hall, theuniversity’s largest and most diverseteaching and research facility, andCabra Hall, the five-story residencehall on our Broadway campus.

Loyola’s enrollment continues at a significantly higher ratepost-Katrina than at any other point in the university’s history.

15-0812 Economic Impact Report 2011-12 11/9/12 10:16 AM Page 1

LOYOLA UNIVERSITY NEW ORLEANS TOTAL ECONOMIC IMPACT: $160.4 MILLIONA MAJOR JOB CREATOR: 1,471 TOTAL JOBSIn 2011 – 2012, Loyola directly employed 1,203 faculty and staff in full- and part-time positions, paying out $65.2 million in after-taxes salaries, benefitdisbursements, and state income tax revenue. The university’s 518 facultymembers and 685 staff members spent an estimated $40 million of theirearnings, much of it in the local economy, and saved an estimated $11.8 million, adding to the region’s total accrued wealth.

The labor-intensive nature of higher education means Loyola invests far morecapital in its employees—who invest their earnings in the regional economy—than companies of similar size in other sectors that spend large portions of theirbudgets on equipment and supplies from outside the area.

ENROLLMENT IMPACT: 5,178 TOTAL STUDENTSLoyola’s student body is roughly split evenly between students from Louisianaand students who come from other countries and states, making the university a major educator of the local population and a magnet that draws talent to thecity. In 2011–2012, Loyola enrolled 3,226 undergraduate students and 1,952graduate students, continuing a trend post-Katrina of significantly higherenrollment than at any other point in the university’s history.

Students who come to Loyola from out of state not only often become valuablemembers of the local workforce, they also contribute a considerable amount tothe local economy. Out-of-state students spent an estimated $24.6 million lastyear, with $6.3 million going toward housing. Given average expenditures bylocal businesses, this spending by out-of-state students supported an additional256 full-time jobs in the New Orleans area.

COMMUNITY ENGAGEMENT IMPACTLoyola has deep, historic roots in New Orleans, and maintaining engagementwith the community is essential to many of our academic and scholarlyprograms. These efforts often have the welcome side effect of stimulating thelocal economy and providing much-needed support to agencies that do greatwork on behalf of local residents.

The Office of Service Learning connects Loyola to partner agencies throughoutNew Orleans and staffs them with students who supplement their academic workwith related service. In 2011 – 2012, a record 754 Loyola students completed 920service learning experiences at 56 partner agencies. These students documented23,253 hours of service, which amounts to 31 hours per student and roughly 12full-time jobs—a major assistance to organizations that operate with only ahandful of paid staff members. This work amounted to an estimated in-kind valueof $443,202 to agencies that serve crucial functions for many in New Orleans.

LOYOLA’S HISTORIC IMPACTOver the course of its 100-year history, Loyola has graduated some of NewOrleans’ greatest leaders in business and government, and provided itsworkforce with thousands of men and women educated in the Jesuit tradition ofacademic excellence. The university has built a strong national reputation that,particularly in recent years, has allowed us to attract outstanding students andemployees from throughout the country, enriching the city’s professionalcapacity and stimulating its economic life. As we celebrate Loyola’s centennial in2012 and embark into our second century, the university remains a figure ofeconomic stability and a valuable asset to the city of New Orleans.

LOYOLA UNIVERSITY NEW ORLEANS 2011 – 2012 ECONOMIC IMPACT REPORT

OPERATIONS AND EXPENDITURES$70.5 million

$2.6 milliondebtserviceexpense

$3.5millionutilitiesexpense

$2.9millioninsurancepremiums

$17.9 millionmiscellaneous

expense

$24.2 millionconstruction/capital

improvementspending

$17.9 milliongrant/restrictedaccount spending

$28.4 million totaloperatingexpenses

EMPLOYMENT ACTIVITIES$65.2 million

ENROLLMENT ACTIVITIES$24.6 million

TOTAL JOBS1,471

$40.0 millionemployeespending

$11.8 millionemployee saving

$12.7 millionfringe benefitdisbursement

$0.73 million stateincome taxrevenue

$51.8 millionafter-taxespayroll

$17.9 million other studentspending

$6.3 millionrent/housing

$0.44 million student service

learning

343 full-time faculty

175 part-time faculty

170 part-time staff

256 FTE* jobs created by

student spending

12 FTE jobs by

service learningstudents

515 full-time staff

3,226undergraduates

TOTAL STUDENTENROLLMENT5,178

1,952 graduate/professional

* Full-time equivalent

15-0812 Economic Impact Report 2011-12 11/9/12 10:16 AM Page 2

LOYOLA UNIVERSITY NEW ORLEANS TOTAL ECONOMIC IMPACT: $160.4 MILLIONA MAJOR JOB CREATOR: 1,471 TOTAL JOBSIn 2011 – 2012, Loyola directly employed 1,203 faculty and staff in full- and part-time positions, paying out $65.2 million in after-taxes salaries, benefitdisbursements, and state income tax revenue. The university’s 518 facultymembers and 685 staff members spent an estimated $40 million of theirearnings, much of it in the local economy, and saved an estimated $11.8 million, adding to the region’s total accrued wealth.

The labor-intensive nature of higher education means Loyola invests far morecapital in its employees—who invest their earnings in the regional economy—than companies of similar size in other sectors that spend large portions of theirbudgets on equipment and supplies from outside the area.

ENROLLMENT IMPACT: 5,178 TOTAL STUDENTSLoyola’s student body is roughly split evenly between students from Louisianaand students who come from other countries and states, making the university a major educator of the local population and a magnet that draws talent to thecity. In 2011–2012, Loyola enrolled 3,226 undergraduate students and 1,952graduate students, continuing a trend post-Katrina of significantly higherenrollment than at any other point in the university’s history.

Students who come to Loyola from out of state not only often become valuablemembers of the local workforce, they also contribute a considerable amount tothe local economy. Out-of-state students spent an estimated $24.6 million lastyear, with $6.3 million going toward housing. Given average expenditures bylocal businesses, this spending by out-of-state students supported an additional256 full-time jobs in the New Orleans area.

COMMUNITY ENGAGEMENT IMPACTLoyola has deep, historic roots in New Orleans, and maintaining engagementwith the community is essential to many of our academic and scholarlyprograms. These efforts often have the welcome side effect of stimulating thelocal economy and providing much-needed support to agencies that do greatwork on behalf of local residents.

The Office of Service Learning connects Loyola to partner agencies throughoutNew Orleans and staffs them with students who supplement their academic workwith related service. In 2011 – 2012, a record 754 Loyola students completed 920service learning experiences at 56 partner agencies. These students documented23,253 hours of service, which amounts to 31 hours per student and roughly 12full-time jobs—a major assistance to organizations that operate with only ahandful of paid staff members. This work amounted to an estimated in-kind valueof $443,202 to agencies that serve crucial functions for many in New Orleans.

LOYOLA’S HISTORIC IMPACTOver the course of its 100-year history, Loyola has graduated some of NewOrleans’ greatest leaders in business and government, and provided itsworkforce with thousands of men and women educated in the Jesuit tradition ofacademic excellence. The university has built a strong national reputation that,particularly in recent years, has allowed us to attract outstanding students andemployees from throughout the country, enriching the city’s professionalcapacity and stimulating its economic life. As we celebrate Loyola’s centennial in2012 and embark into our second century, the university remains a figure ofeconomic stability and a valuable asset to the city of New Orleans.

LOYOLA UNIVERSITY NEW ORLEANS 2011 – 2012 ECONOMIC IMPACT REPORT

OPERATIONS AND EXPENDITURES$70.5 million

$2.6 milliondebtserviceexpense

$3.5millionutilitiesexpense

$2.9millioninsurancepremiums

$17.9 millionmiscellaneous

expense

$24.2 millionconstruction/capital

improvementspending

$17.9 milliongrant/restrictedaccount spending

$28.4 million totaloperatingexpenses

EMPLOYMENT ACTIVITIES$65.2 million

ENROLLMENT ACTIVITIES$24.6 million

TOTAL JOBS1,471

$40.0 millionemployeespending

$11.8 millionemployee saving

$12.7 millionfringe benefitdisbursement

$0.73 million stateincome taxrevenue

$51.8 millionafter-taxespayroll

$17.9 million other studentspending

$6.3 millionrent/housing

$0.44 million student service

learning

343 full-time faculty

175 part-time faculty

170 part-time staff

256 FTE* jobs created by

student spending

12 FTE jobs by

service learningstudents

515 full-time staff

3,226undergraduates

TOTAL STUDENTENROLLMENT5,178

1,952 graduate/professional

* Full-time equivalent

15-0812 Economic Impact Report 2011-12 11/9/12 10:16 AM Page 2

A Century of Economic ImpactLoyola University New Orleans has been a pillar of economic stabilitythroughout its 100-year history. Today, as we continue forth in the midst of ourcity’s urban revival and an unsure national economy, this fact remains—Loyolaadds substantial economic value to New Orleans by employing its residents,attracting talent to the city, educating students to enter its workforce, anddirectly injecting money into its markets.

Loyola is a major employer in a city driven by small businesses, with workerswho range from expert physicists to alumni relations liaisons. Our employeepool consists of highly trained professionals attracted to New Orleans fromother states and countries, as well as many who were born and raised inLoyola’s hometown. Our salary-intensive budget results in a large portion ofLoyola’s spending going directly to employees who, in turn, spend it in thecommunity. Hundreds of workers from a variety of local businesses come toLoyola each day to help us move forward on the transformation of our physicalcampus and perform day-to-day operations.

Several major construction projects are underway at Loyola, with others tolaunch in the near future. These brick-and-mortar developments are visiblerepresentations of campus-wide improvements at Loyola, such as enrichment ofour student body and faculty, increased research, and a continued emphasis oncommunity engagement. Although the university’s holistic impact is muchgreater than any dollar amount could quantify, our economic impact alone is ofunquestionable importance to New Orleans.

Information has been provided by the College of Business.

www.loyno.edu

6363 St. Charles AvenueNew Orleans, LA 70118

2011 – 2012 ECONOMIC IMPACT REPORT

Loyola University New Orleans, a Jesuit and Catholic institution

of higher education, welcomes students of diverse backgrounds

and prepares them to lead meaningful lives with and for others;

to pursue truth, wisdom, and virtue; and to work for a more just

world. Inspired by Ignatius of Loyola’s vision of finding God in all

things, the university is grounded in the liberal arts and sciences,

while also offering opportunities for professional studies in un-

dergraduate and selected graduate programs. Through teaching,

research, creative activities, and service, the faculty, in cooperation

with the staff, strives to educate the whole student and to benefit

the larger community.

15-0

812

Off

ice

of

Mar

keti

ng a

nd C

om

mun

icat

ions

, No

vem

ber

201

2

Direct Impact:$160.4 millionDuring the 2011 – 2012 fiscal year,Loyola’s economic impactamounted to $160.4 million, themajority of which went directlyinto the Greater New Orleans andLouisiana economies.

Loyola’s economic impact on theGreater New Orleans area resultsfrom expenditures to localcompanies, employment of localpersonnel, and attracting studentsand employees from out of statewho work and spend in the area.

The university spent $28.4 milliondollars on utilities, insurance, debtservice, and miscellaneous costs outof its normal operating budgetduring 2011 – 2012, plus another$17.9 million on similar expensesfrom grants and restricted funds.Loyola spent an additional $24.2million on construction and capitalimprovement projects such as therenovation of Monroe Hall, theuniversity’s largest and most diverseteaching and research facility, andCabra Hall, the five-story residencehall on our Broadway campus.

Loyola’s enrollment continues at a significantly higher ratepost-Katrina than at any other point in the university’s history.

15-0812 Economic Impact Report 2011-12 11/9/12 10:16 AM Page 1