Pellissippi State generates $272 million annual economic impact

by | posted in: Community | 0

Over the past five years, Pellissippi State Community College has pumped an average of $272 million per year into the local economy.

For the period 2010-2015, that amounts to about $1.4 billion in economic impact, or the value of business volume, jobs, and individual income in Knox and Blount counties that is tied to Pellissippi State.

“Pellissippi State’s overall economic impact in our community is quite significant, but also important to note is the role the college plays in changing the lives of everyone who comes through our doors,” said L. Anthony Wise Jr., Pellissippi State president. “I believe our greatest impact comes from graduates who pursue their dreams and, in turn, give back to our community.”

Of the college’s $1.4 billion in total impact, the majority — $1.1 billion — can be attributed to the infusion of new, non-local revenues.

“This impact would likely not have occurred without the presence of Pellissippi State in the area,” said Fred H. Martin, the educational consultant who conducted the study.

Every single dollar of local revenue that comes into Pellissippi State generates an estimated annual return on investment of at least $6.84. That figure includes $3.31 in local business volume, plus at least $3.53 in individual income.

The report also studied what a degree from Pellissippi State might mean for a student. According to the American Association of Community Colleges, students who graduate with an associate’s degree can expect to earn about $470,800 more over their work lifetime than if they only had a high school diploma. For Pellissippi State’s 1,367 2014-2015 graduates, this means an additional $644 million collectively in lifetime earnings and $2.6 million in additional annual tax payments, which benefit the economy.

Pellissippi State’s business volume impact in the community amounted to about $657 million in 2010-2015. Of that total, $527 million came from non-local revenues such as state appropriations, grants, contracts and federal student financial aid revenues.

Over the five-year period, Pellissippi State’s expenditures created and sustained an estimated 44,885 jobs. More than 35,000 of those were generated by external or new funds. The college itself employed 2,659 full-time employees in the 2010-2015 period.

The total impact of Pellissippi State’s expenditures on personal income in the area amounts to about $702 million over the past five years, including $576 million from new or external funds.

The complete 28th annual analysis of Pellissippi State’s economic impact in Knox and Blount counties can be accessed at www.pstcc.edu/ieap/FB_DR under “Economic and Social Impact: 2010-2015.” Download the full report here.

Download this press release: PSCC Economic Impact 2015

Pellissippi State students finish tops in Math Bowl

by | posted in: Academics, Awards, Students | 0
spacer
Gabrielle Thress placed first in Tennessee in the 2015 Math Bowl Competition for her scores in precalculus.

A group of Pellissippi State Community College students woke early on a Saturday in late November to take part in the annual Pellissippi State Math Bowl.

The competition allows participants to compete for high scores in five divisions: survey of mathematics, calculus A and B, precalculus, and statistics. Students’ test scores are then compared to those of students at other community colleges in Tennessee for statewide prizes.

Pellissippi State student Gabrielle Thress placed first in the state in the precalculus division. Also in the statewide competition, Pellissippi State students Hani Patel and Patrick Stephens placed second and third, respectively, in calculus A, while Chelsey Buchanan and Madison Bauer finished second and third, respectively, in survey of mathematics.

Pellissippi State’s Math Bowl is part of the annual State Mathematics Competition, sponsored by the Tennessee Mathematical Association of Two-Year Colleges. In addition to state prizes, Pellissippi State — thanks to a grant from Oak Ridge Associated Universities — awards its top finishers in each subject with additional cash prizes.

Students who finished in the top three in each test category: Madison Bauer, Chelsey Buchanan, Hong Do, Eryca Henry, Tamia Hurst, Nabel Jaser, Andrew Jerome, Rebecca Lengfellner, Hani Patel, Son Quang, Alec Riden, Patrick Stephens, John Studer, Gabrielle Thress and Victoria Villella.

For more information about Pellissippi State, visit www.pstcc.edu or call (865) 694-6400.

Download this press release: Math Bowl 2015

spacer
Nabeel Jaser
spacer
Hong Do, left, and Hani Patel.
spacer
From left, Son Quang, Madison Bauer and Andrew Jerome.

Pellissippi State hosts three artists for January exhibit

by | posted in: The Arts | 0
spacer
The upcoming “Represent: Explorations in Realism, Image and Illusion” will include works by artists Soon Ee Ngoh, Denise Stewart-Sanabria and David Underwood. Stewart-Sanabria’s “Donuts Behaving Badly” is pictured.

Pellissippi State Community College hosts local and regional artists Soon Ee Ngoh, Denise Stewart-Sanabria, and David Underwood in an upcoming exhibit in January and February.

“Represent: Explorations in Realism, Image and Illusion” is on display Jan. 19-Feb. 5 in the Bagwell Center for Media and Art, 10915 Hardin Valley Road. A reception to meet the artists takes place 3-5 p.m., Jan. 19.

The exhibit is free. Gallery hours are 10 a.m.-6:30 p.m., Monday through Friday.

The exhibit takes a look at the meaning and use of realism and representation in two-dimensional art. The participating artists’ different approaches include photography, observation, and realism as a springboard for conveying different moods, meanings, and concepts. 

“Represent” studies mimesis, or the imitation of nature, as a doorway into thoughts on the modern condition, the nature of representation, the fallibility of perception and human nature, among other themes.

The exhibit is part of The Arts at Pellissippi State, which brings to the community cultural activities ranging from music and theatre to international celebrations, lectures, and the fine arts. For more information, visit www.pstcc.edu/arts or call (865) 694-6400.

Download this press release: Represent Exhibit

Pellissippi State nominates DENSO for 2015 Corporate Philanthropist

by | posted in: Awards, Partnership, Pellissippi State Foundation | 0
spacer
The Smoky Mountain Chapter of the Association of Fundraising Professionals recently named DENSO Manufacturing Tennessee as its 2015 Corporate Philanthropist of the Year, based on a nomination by the Pellissippi State Foundation. DENSO Manufacturing Tennessee has been a longtime supporter of Pellissippi State Community College, donating funds for equipment and student scholarships. Pictured in front row, from left, are Bob Booker and Emilie Denson of DENSO Manufacturing Tennessee with L. Anthony Wise Jr., Pellissippi State president, and Peggy Wilson, executive director of the Pellissippi State Foundation and vice president of College Advancement. Also pictured are representatives from Pellissippi State and its Foundation.
1 2 3 4 113 »