An Analysis of the Economic Benefits of Nonresident Students Enrolled in West Virginia Higher Education Institutions. A Study Conducted for the West Virginia Board of Regents. AIR 1987 Annual Forum Paper / Edwin R. Smith and Kathleen K. Bissonnette.

The economic benefits of nonresident college students on the West Virginia economy were assessed. Estimates were made of the approximate effects of tuition and fees, visitors' expenditures, and student living expenses. During the 1985-1986 academic year, the 10,091 nonresident students enrolled in West Virginia higher education institutions contributed an estimated $72,182,000 in direct economic benefit through tuition and fees, living expenses, and travel expenses of parents and friends. The $72,182,000 flowing through the state's economy generated $86,618,318 in direct and indirect financial benefit to the state, while the state allocation attributed to the education of these nonresident students was $28,668,537. For each one dollar invested by the state in nonresident students, the state realized a return of $3.02 over the period of one academic year. The direct economic contribution from nonresident student tuition and fees was calculated by multiplying the annual nonresident graduate and undergraduate tuition and fee charges for 1985-1986 by the full-time equivalent (FTE) student enrollment. For each institution, data are provided on tuition and fees charges, estimated contribution to the economy, and living expenses. Benefit to cost comparisons are also shown for the state. 17 references. (SW)

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