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Pasco County – Colleges/Universities 2023-2024

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Universities play a crucial role in shaping local economies by driving employment, fostering business growth, attracting investment, and enhancing the overall quality of life in their host communities. Their economic impact extends beyond direct spending to include long-term benefits such as workforce development, innovation, and cultural enrichment. Below, we explore the key ways in which a university influences a local economy.

  1. Direct Employment and Spending A university is often one of the largest employers in a local area, providing jobs for faculty, administrative staff, maintenance workers, and other professionals. These employees spend their salaries on housing, groceries, transportation, and entertainment, injecting money into the local economy. Additionally, universities spend significant amounts on construction, utilities, and local services, further stimulating business activity.

    Students also contribute to local spending. Many bring outside money into the community through tuition payments, federal aid, and personal expenditures on rent, food, and retail. A large student population can sustain businesses such as bookstores, coffee shops, restaurants, and housing providers.

  2. Business Development and Entrepreneurship Universities often serve as hubs for innovation and entrepreneurship. Research institutions, business incubators, and technology transfer offices help commercialize academic research, leading to startup formation and industry partnerships. For example, Stanford University's role in Silicon Valley's growth demonstrates how academic institutions can spur regional economic development.

    Local businesses benefit from university partnerships, including procurement contracts for supplies, catering, and maintenance services. Furthermore, universities attract conferences, sporting events, and cultural activities that generate tourism revenue for hotels, restaurants, and transportation services.

  3. Human Capital and Workforce Development A well-educated workforce is essential for economic competitiveness. Universities produce graduates with specialized skills that attract high-paying industries, such as technology, healthcare, and finance. Many graduates remain in the area, filling critical roles in local businesses and government.

    Universities also offer continuing education programs, professional certifications, and workforce training initiatives that help upskill local employees, making the regional labor market more adaptable to industry changes.

  4. Real Estate and Infrastructure Growth The presence of a university can drive demand for housing, both from students and faculty. This often leads to the development of new apartments, condominiums, and mixed-use commercial spaces. Over time, universities contribute to urban revitalization by investing in campus expansions, public transit improvements, and community amenities like libraries and parks.

    However, rapid growth can also lead to challenges, such as rising housing costs and gentrification, which may displace long-term residents. Local governments must balance economic expansion with policies that ensure affordable housing and equitable development.

  5. Cultural and Social Contributions Beyond economics, universities enrich local culture through arts programs, public lectures, and athletic events. These activities improve residents' quality of life, making the area more attractive to businesses and skilled workers. A vibrant university town often sees increased property values and a more diverse, engaged community.


Conclusion

The economic impact of a university on a local economy is multifaceted, encompassing job creation, business growth, talent development, and infrastructure investment. While challenges such as affordability and displacement must be managed, the long-term benefits-including innovation, increased tax revenues, and a more dynamic workforce-make universities vital engines of regional prosperity. By fostering collaboration between academia, government, and industry, communities can maximize these advantages while ensuring inclusive growth.
 
ATA Career Education
Arizona College of Nursing-Tampa  
Florida College  
South University-Tampa  
Warner University  
Webber International University  
Strayer University-Florida  
Galen College of Nursing-Tampa Bay  
Florida Polytechnic University  
Eckerd College  
Florida Southern College  
Ultimate Medical Academy  
Polk State College  
Pasco-Hernando State College  
Saint Leo University  
Southeastern University  
The University of Tampa  
Hillsborough Community College  
St Petersburg College  
University of South Florida  
Percent admitted - total
Admissions yield - total

Full-time enrollment
Part-time enrollment

Total  enrollment
% White
% Black
% Asian
% Hispanic
% Native Hawaiian or Other Pacific Islander
% American Indian or Alaska Native
% two or more races
% Race/ethnicity unknown
% U.S. Nonresident

Undergraduate enrollment
% under 18
% 18-24
% 25-64
% over 65

Graduate enrollment

Student-to-faculty ratio

Tuition and fees, 2020-21
2021-22
2022-23
2023-24

Total price for
In-district students living on campus  2023-24
In-state students living on campus 2023-24
Out-of-state students living on campus 2023-24

In-district students living off campus (no family)  2023-24
In-state students living off campus (no family)  2023-24
Out-of-state students living off campus (no family)  2023-24

In-district students living off campus (w/ family)  2023-24
In-state students living off campus (w/ family)  2023-24
Out-of-state students living off campus (w/ family)  2023-24

Associate's degree
Bachelor's degree
Master's degree
Doctor's degree - research/scholarship
Doctor's degree - professional practice
Doctor's degree - other

Instructional FTE
Research FTE
Public Service FTE
Librarians, Curators, and Archivists FTE
Student/Academic Affairs and Other Education Services FTE
Management FTE
Business and Financial Operations FTE
Computer, Engineering, and Science FTE
Community Service, Legal, Arts, and Media FTE
Healthcare FTE
Service FTE
Sales and Related FTE
Office and Administrative Support FTE
Natural Resources, Construction, and Maintenance FTE
Production, Transportation, and Material Moving FTE
Total FTE staff
41
22

37,029
11,543

48,572
43
8
8
21
0
0
4
4
12

37,269
1
87
11
0

11,303

22

6,410
6,410
6,410
6,410


25,625
25,625
36,539

24,200
24,200
35,114

12,030
12,030
22,944

187
9,955
3,329
319
443
0

2,476
401
0
98
525
581
1,381
750
767
947
370
7
757
177
84
9,321
NA
NA

7,422
15,928

23,350
56
13
5
19
0
0
4
2
1

23,350
14
45
40
1

0

25

2,682
2,682
2,682
2,682


NA
NA
NA

27,634
27,634
34,238

9,723
9,723
16,327

3,681
1,060
0
0
0
0

558
0
0
34
96
140
55
112
62
3
122
11
306
47
16
1,562
NA
NA

9,651
10,353

20,004
31
18
4
39
0
0
5
3
2

20,004
1
70
29
0

0

23

2,506
2,506
2,506
2,506


18,208
18,208
24,813

18,208
18,208
24,813

8,546
8,546
15,151

3,459
0
0
0
0
0

522
0
0
25
108
72
78
45
106
6
50
16
216
27
0
1,271
41
17

10,377
677

11,054
68
3
2
13
0
0
3
3
7

10,111
1
98
2
0

943

17

30,790
31,274
32,218
33,424


51,730
51,730
51,730

55,424
55,424
55,424

43,424
43,424
43,424

0
2,050
423
0
4
0

580
0
0
23
59
61
45
21
132
6
46
0
78
0
0
1,051
74
50

4,802
5,598

10,400
53
12
2
24
0
1
4
3
2

9,167
41
51
9
0

1,233

26

27,520
28,320
30,148
31,732


52,152
52,152
52,152

50,052
50,052
50,052

41,132
41,132
41,132

138
936
364
40
20
0

376
0
0
4
31
102
29
18
88
5
64
1
72
10
0
800
72
11

5,208
5,023

10,231
25
19
1
14
0
0
2
32
8

7,603
2
47
51
0

2,628

20

24,640
25,550
27,050
28,360


49,748
49,748
49,748

47,416
47,416
47,416

34,024
34,024
34,024

187
1,287
1,031
68
0
0

260
0
0
7
43
138
52
35
24
3
111
45
56
5
1
780
NA
NA

3,698
5,751

9,449
52
6
3
25
0
0
4
8
1

9,449
24
57
19
0

0

22

3,155
3,155
3,155
3,155


NA
NA
NA

18,440
18,440
27,317

9,193
9,193
18,070

1,251
189
0
0
0
0

194
0
1
16
11
32
24
43
78
0
4
12
100
28
0
543
NA
NA

2,683
5,280

7,963
42
17
3
30
0
0
4
2
1

7,963
21
51
28
0

0

20

3,366
3,366
3,366
3,366


NA
NA
NA

17,401
17,401
26,307

12,221
12,221
21,127

1,296
377
0
0
0
0

237
0
0
12
133
32
17
20
34
0
7
0
117
15
0
624
NA
NA

7,423
13

7,436
36
59
1
1
1
1
0
2
0

7,436
0
13
86
1

0

18

NA
NA
NA
NA


NA
NA
NA

NA
NA
NA

NA
NA
NA

6,575
NA
NA
NA
NA
NA

367
0
0
1
542
253
47
52
4
0
3
339
330
0
0
1,938
59
10

2,909
285

3,194
66
7
3
15
0
0
4
1
4

2,626
0
95
5
0

568

10

38,980
38,980
40,500
42,360


60,800
60,800
60,800

60,800
60,800
60,800

47,000
47,000
47,000

0
600
167
11
40
0

227
0
13
5
65
33
25
22
75
7
96
2
61
14
9
654
79
15

1,927
59

1,986
76
3
2
10
0
0
6
0
4

1,986
1
98
1
0

0

11

47,704
47,704
48,900
50,374


69,092
69,092
69,092

69,092
69,092
69,092

54,254
54,254
54,254

0
413
0
0
0
0

185
0
0
10
0
50
18
17
40
4
12
0
55
9
0
400
56
28

1,497
121

1,618
55
6
6
25
0
0
5
1
2

1,569
1
95
5
0

49

17

4,940
4,940
4,940
4,940


23,080
23,080
39,145

23,080
23,080
39,145

10,140
10,140
26,205

0
214
36
0
0
0

89
1
0
1
23
50
29
31
4
0
13
2
23
1
0
267
NA
NA

1,015
586

1,601
39
23
5
19
0
0
3
10
0

1,601
0
24
76
0

0

12

14,960
14,960
16,400
16,400


NA
NA
NA

37,109
37,109
37,109

21,449
21,449
21,449

405
154
0
0
0
0

94
0
0
0
18
13
0
2
0
0
6
0
24
0
0
157
NA
NA

154
1,358

1,512
29
51
1
13
0
0
4
2
0

1,314
0
9
89
1

198

39

13,515
13,515
13,515
13,920


NA
NA
NA

25,158
25,158
25,158

15,720
15,720
15,720

87
153
82
0
0
0

13
0
0
0
11
11
2
0
0
0
0
7
1
0
0
45
78
18

863
67

930
42
31
1
11
0
1
1
3
10

879
1
95
4
0

51

18

28,268
29,534
30,798
32,150


52,008
52,008
52,008

49,904
49,904
49,904

38,570
38,570
38,570

7
138
17
0
0
0

45
0
0
1
0
12
10
0
38
8
1
6
11
0
0
132
48
33

730
161

891
42
26
1
21
0
1
4
0
4

798
5
85
10
0

93

13

24,200
26,744
28,044
28,160


42,970
42,970
42,970

45,230
45,230
45,230

33,430
33,430
33,430

18
133
31
0
0
0

56
0
0
1
2
11
7
3
46
5
8
0
13
7
0
159
NA
NA

555
165

720
34
26
5
28
0
1
1
4
1

390
0
25
74
0

330

14

17,014
17,014
17,014
18,238


NA
NA
NA

36,577
36,577
36,577

25,279
25,279
25,279

53
92
133
0
3
0

42
0
0
1
25
7
1
1
0
0
0
0
5
0
0
82
66
96

580
77

657
77
3
2
7
0
0
4
3
3

657
11
87
2
0

0

13

18,060
18,060
18,060
18,920


35,170
35,170
35,170

36,970
36,970
36,970

26,920
26,920
26,920

109
94
0
0
0
0

46
0
0
1
44
17
12
4
14
0
6
2
8
4
0
158
100
34

223
114

337
28
24
4
38
1
0
6
0
0

337
0
44
56
0

0

20

20,170
20,826
22,346
23,093


NA
NA
NA

45,440
45,440
45,440

30,130
30,130
30,130

0
35
0
0
0
0

21
0
0
0
4
6
0
0
1
0
0
0
3
0
0
35
NA
NA

226
0

226
33
40
0
12
0
0
4
10
0

226
0
25
75
0

0

17

12,959
13,480
13,480
14,895


NA
NA
NA

33,811
33,811
33,811

25,176
25,176
25,176

11
0
0
0
0
0

15
0
0
1
3
1
2
1
0
0
0
2
3
0
0
28

Page 1 of 2
Schiller International University
Faith Theological Seminary and Christian College  
Concorde Career Institute-Tampa  
Trinity College of Florida  
Percent admitted - total
Admissions yield - total

Full-time enrollment
Part-time enrollment

Total  enrollment
% White
% Black
% Asian
% Hispanic
% Native Hawaiian or Other Pacific Islander
% American Indian or Alaska Native
% two or more races
% Race/ethnicity unknown
% U.S. Nonresident

Undergraduate enrollment
% under 18
% 18-24
% 25-64
% over 65

Graduate enrollment

Student-to-faculty ratio

Tuition and fees, 2020-21
2021-22
2022-23
2023-24

Total price for
In-district students living on campus  2023-24
In-state students living on campus 2023-24
Out-of-state students living on campus 2023-24

In-district students living off campus (no family)  2023-24
In-state students living off campus (no family)  2023-24
Out-of-state students living off campus (no family)  2023-24

In-district students living off campus (w/ family)  2023-24
In-state students living off campus (w/ family)  2023-24
Out-of-state students living off campus (w/ family)  2023-24

Associate's degree
Bachelor's degree
Master's degree
Doctor's degree - research/scholarship
Doctor's degree - professional practice
Doctor's degree - other

Instructional FTE
Research FTE
Public Service FTE
Librarians, Curators, and Archivists FTE
Student/Academic Affairs and Other Education Services FTE
Management FTE
Business and Financial Operations FTE
Computer, Engineering, and Science FTE
Community Service, Legal, Arts, and Media FTE
Healthcare FTE
Service FTE
Sales and Related FTE
Office and Administrative Support FTE
Natural Resources, Construction, and Maintenance FTE
Production, Transportation, and Material Moving FTE
Total FTE staff
96
41

153
36

189
48
22
1
18
1
0
5
5
1

189
19
54
26
1

0

12

16,300
16,300
16,300
16,300


27,750
27,750
27,750

26,525
26,525
26,525

20,150
20,150
20,150

3
43
0
0
0
0

13
0
0
1
5
6
2
1
4
0
0
0
2
6
0
40
99
58

132
0

132
15
21
1
39
1
0
1
22
0

132
0
54
46
0

0

31

NA
NA
NA
NA


NA
NA
NA

NA
NA
NA

NA
NA
NA

76
NA
NA
NA
NA
NA

16
0
0
1
3
15
3
0
0
0
0
8
2
0
0
48
NA
NA

78
24

102
31
34
0
31
0
0
1
2
0

74
0
15
70
15

28

10

1,520
1,520
1,520
1,520


NA
NA
NA

7,720
7,720
7,720

2,320
2,320
2,320

10
11
19
2
0
0

5
0
0
0
1
0
1
0
0
0
0
0
0
0
0
7
NA
NA

54
0

54
24
19
2
15
0
0
2
37
2

35
0
63
37
0

19

10

14,360
14,320
13,840
13,680


NA
NA
NA

24,680
24,680
24,680

16,680
16,680
16,680

0
2
10
0
0
0

6
0
0
1
5
1
2
1
0
0
0
3
1
0
0
20

Page 2 of 2


Sources: STI: PopStats and STI: Colossus