The University of South Carolina Aiken (USCA) is making a major economic impact across the state, contributing $360.5 million to South Carolina’s economy and supporting 2,770 jobs, according to a new study conducted by the Darla Moore School of Business at USC.
The study highlights USCA’s significant role in job creation and labor income, accounting for $140.8 million in wages across the state.
In Aiken County alone, the university is responsible for one in every 45 jobs and $1 out of every $48 in labor income, underscoring its influence as a local economic engine, according to a press release from USCA.
USCA Chancellor Dr. Daniel Heimmermann praised the university’s efforts to equip students with the skills necessary for success in today’s job market.
“The University of South Carolina Aiken is proud to be a leading economic driver and workforce developer for our region and the state of South Carolina,” Heimmermann said. “Through our innovative programs, industry partnerships, and commitment to student success, we are strengthening businesses, fostering economic growth, and shaping the future of our community and state.”
The report is part of a broader economic analysis examining the entire University of South Carolina system, which includes eight campuses across the state.
Overall, the USC system now generates a $7.4 billion annual economic impact—an increase of 35% since the first study was conducted eight years ago.
According to the Moore School study, campuses outside of Columbia — including USCA — collectively contribute \$1.5 billion to the state economy, support about 11,000 jobs, and generate $550 million in labor income.
“Working together as a university system, we’re ensuring our students are career ready while also producing significant economic benefits to the entire state,” said USC Board Chairman Thad Westbrook. “We look forward to doing even more in the coming years.”
USC system graduates are making widespread contributions throughout South Carolina, with nearly two-thirds living outside the Columbia metropolitan area. Their presence plays a vital role in boosting local economies across the state.
The study also found that the USC system supports 61,700 jobs across South Carolina — one out of every 39 jobs — and produces $3 billion in annual labor income. It also contributes $224.6 million in annual state tax revenue.
Gov. Henry McMaster, a USC alumnus, praised the university for its lasting impact.
“The University of South Carolina has been vital to the growth and prosperity of the Palmetto State for two centuries,” he said.
Looking ahead, the USC system is poised for even greater economic contributions through initiatives such as a new neurological hospital, an advanced energy tech hub, and the SC Nexus collaborative.
A new statewide internship program launched in 2023 has already placed nearly 1,000 students in businesses across South Carolina, according to a press release from USCA.
The study was led by economist Dr. Joseph Von Nessen and showcases how every percentage point increase in graduate retention could generate an additional $18.8 million in annual economic activity, according to a press release from USCA.
For more details, visit www.usca.edu.
