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Do you know of a Binghamton University graduate who is truly exceptional, and whose achievements bring pride to the University community? Nominate him or her for an Alumni Association Award. Learn more, and be sure to make your nomination by Nov. 30.

Submit a nomination by Dec. 31 for the Alumni Association board. We're looking for graduates who are eager to give back to the University and promote alumni volunteerism. Board members work with alumni relations staff on key projects, directly participating in committee work, events, and activities.

Take home a piece of Newing College. The Alumni Association and Uncommon Goods (founded by David Bolotsky '85) offer alumni the opportunity to purchase banks made from mailboxes salvaged from the Newing Dining Hall. A Newing bank can be a great keepsake to remind you of your time as a student at Binghamton.  Banks also make great gifts! Find out more and purchase a bank today.

We invite you to support our Fall 2012 graduates by volunteering at Fall Commencement, Sunday, Dec. 16. As a volunteer, you can welcome graduates' friends and families to the happy occasion, reconnect with former professors and friends, listen to Harpur Chorale's winter medley, and hear the majestic sounds of the Edward P. Maloney Memorial Pipe Band and inspiring speeches. To register, please visit the Commencement website.

Binghamton University is on iTunes! If you're on campus, you can access the iTunes site using your PODS ID and password. If you are off campus, you can access our video and audio files through Apple's iTunes store. Search for "Binghamton University" and you'll find academic lectures, videos from Alumni Association events and more!

 

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Liberty Mutual


Are you looking for ways to save money on your dental bills this year? AlumniDent® provides affordable group dental insurance to alumni and their families, with immediate coverage for preventive, diagnostic and restorative services. AlumniDent also offers budget-friendly payment options to help keep costs low. And best of all, there is no network – so you can keep your family dentist! For online enrollment, or to learn more about this exclusive plan available through the Alumni Insurance Program, visit the AlumniDent website.

 

Report: University adds $1.2B to state economy


By Katie Ellis

Binghamton University's overall economic impact is approximately $965 million annually for Broome and Tioga counties alone, and $1.2 billion for New York state, according to the University's most recent report, released in late October.

"'The Economic Impact Report of Binghamton University, FY 2011' clearly outlines the crucial role the University plays in building the economies of the Southern Tier region and New York state," said Binghamton University President Harvey Stenger. "As we implement our NYSUNY 2020 plan, approved in August by Gov. Andrew Cuomo and with the support of SUNY Chancellor Nancy Zimpher, Sen. Thomas Libous and Assemblywoman Donna Lupardo, we fully expect our economic impact to continue to rise as we increase both student enrollment and faculty and staff hiring."

The report, compiled by the University's Office of Institutional Research and Assessment, uses standard formulas to assess the impact of the University's economic output and also looks at the impact it has on jobs, human capital and return on investment.

Based on fiscal year 2011 — the most recent numbers available — Binghamton University accounts for an estimated 12 percent of the gross domestic product of Broome and Tioga counties through its direct and indirect expenditures, including salaries, goods and services, capital outlays, and student and visitor spending, which total over $622 million. When applied to the Binghamton Metropolitan Area regional multiplier, this $622 million grows to $965 million in total annual economic impact for the region.

Business and industry partnerships and the University's involvement with the Regional Economic Development Council are also key to its ability to contribute to the economy.

Initiatives such as the Center of Excellence in Small Scale Systems Integration and Packaging; the Center for Advanced Microelectronics Manufacturing in partnership with Endicott Interconnect, Cornell University and the Flex Tech Alliance; and the proposed Southern Tier High Technology Incubator that has received priority support from the Regional Economic Development Council help the University provide stability to the region and an added boost to the regional and state economies.

In terms of jobs, Binghamton University employs nearly 5,000 faculty, staff and student workers, and supports an additional 5,500 full- and part-time jobs in Broome and Tioga counties, and 225 full- and part-time jobs beyond the region, for a total of 11,000 jobs in New York state.

The report also tallies the number of Binghamton University alumni who reside in New York state and continue to contribute to its economic health. Fifty-seven percent of all Binghamton University alumni remain in the state — more than 12,600 of them in the Southern Tier — providing a sustained impact on the regional and state economies.

For taxpayers, the return on investment is great; for every $1 the state contributes to Binghamton University, more than $8 in additional economic output is returned to the state.


 

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Last Updated: 11/12/13