Kansas State University’s Economic Impact Surpasses $2.3 Billion in Fiscal Year 2023

By Trish Svoboda

According to the latest Economic and Community Impact report from Kansas State University, the university contributed $2.3 billion to the economic impact of Kansas in fiscal year 2023. K-State President Richard Linton revealed this figure during K-State Impact Day on Wednesday, February 21, held at the Kansas State Capitol in Topeka. Alongside this announcement, K-State unveiled All Things Kansas, an innovative online dashboard providing insights into all 105 counties of Kansas.

The $2.3 billion impact stems from collaborative efforts spanning across Kansas State University, including its three physical campuses in Manhattan, Salina, and Olathe. This impact also involves contributions from entities such as K-State Athletics, the K-State Alumni Association, the KSU Foundation, and K-State Research and Extension.

Highlights from the Economic and Community Impact report include: • For every dollar invested by Kansas taxpayers, K-State generates $8.57 in the state’s economy. • K-State sustains 21,335 direct and indirect jobs, both full-time and part-time, across Kansas. • The university generated $127.4 million in state and local taxes. • K-State Research and Extension sustains 3,755 direct and indirect jobs, both full-time and part-time, across Kansas. • K-State Athletics generated $486.1 million in economic impact. • The KSU Foundation generated $3.1 million in state and local taxes. • The K-State Alumni Association generated $12.1 million in economic impact. “The findings of this report clearly highlight the substantial impact and contributions made by K-State in enhancing economic growth and development throughout the state, and they prove that together, we can do great things,” said Marshall Stewart, senior vice president for executive affairs, university engagement and partnerships, and chief of staff.

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