Alabama State University
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UNCF’s holistic, powerful study, “Transforming Futures: The Economic Engine of HBCUs,” reaffirms the significant economic contributions of Alabama State University. Through the production and consumption of various goods and services by Alabama State University’s faculty, employees and students, this institution acts as a catalyst for economic growth locally and regionally. This dynamic creates a ripple effect, leading to increased employment opportunities, heightened economic expansion and a more dynamic community environment.
Founded in 1867 in Montgomery, Alabama, Alabama State University is among the oldest higher education institutions founded for Black Americans in the nation. ASU offers a diverse array of degree programs, featuring prominent ones in education, physical therapy, microbiology, accounting, social work and dance.
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$218.5M
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2,104
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$1.9B