CLARKSVILLE, Tenn. – On Thursday, Aug. 22, about 900 incoming freshmen will arrive at Austin Peay State University to move into some of the campus’ residence halls. For many, it’ll be an emotional day as they begin a new phase of their lives as college students.
To make this transition easier, these students and their families will be greeted by APSU and community volunteers, who will assist them with any questions they might have and help them carry boxes and suitcases up to their new homes. This year, some of these freshmen will unpack their belongings in brand new rooms inside the newly completed Martha Dickerson Eriksson Hall. That residence hall is one of the three buildings that make up the new Governors Terrace Residence Complex.
The complex, which will have an official ribbon cutting on Sept. 9, was built to house the growing number of students choosing to study at APSU. And this growth, according to a recent report, is adding millions of dollars annually into the local economy.
Last year, the Business Economic Research Center (BERC) at Middle Tennessee State University looked at APSU’s impact on the regional economy and found that, on a per capita basis, every 100 new APSU students create $2.18 million in local business revenue, 30 new local jobs and $127,000 in state and local taxes.
The report also stated that APSU-related activities account for nearly $234 million in business revenue and $13.63 million in state and local taxes for the Clarksville area and $201.2 million in business revenue and $11.24 million in state and local taxes for the Montgomery County area.
“These economic impact figures, along with data about socioeconomic dynamics, indicate that APSU plays a critical role in Montgomery County and the Clarksville MSA (metropolitan statistical area),” Dr. Murat Arik, BERC associate director, wrote in the report.
On Friday, Aug. 23, APSU’s upperclassmen will move into the residence halls. The fall academic semester begins on Saturday, Aug. 24, with some graduate and online classes. Most traditional undergraduate classes will begin on Monday, Aug. 26.
For more information on the move-in day or for copies of the BERC report, contact Bill Persinger, executive director of the APSU Office of Public Relations and Marketing, at email@example.com.
Photo cutline: Incoming students arrive at APSU in Aug. 2012.