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Imported Revenue - City of Providence

​​​​​​​​​​Imported Revenue - City of Providence

Imported Revenue $26,904,533
 

1. Off-campus students (student survey)                                $8,515,115
  Apartment rental income                                                        $5,211,445
  Utilities                                                                                        $532,494
  Food & other living expenses                                                $1,282,439
  Discretionary spending                                                                $1,488,737
   
2. On-campus students (student survey)                                 $10,140,839
  Food & other expenses (no campus meal plan)                 $4,481,075
  Discretionary spending                                                                 $5,659,764
   
3. PC employees living in Providence (estimate)                 $1,790,100
  Apartment rental income  
   
4. Parent/alumni visitation (hotels/restaurants – estimates) $3,619,893
  Commencement Weekend                                                         $1,292,750
  Formal Parent Weekends (Freshmen)                                 $895,700
  Informal parent weekend visits                                                 $433,240
  Upper class student “Move In” Day                                         $323,087
  Freshmen Orientation                                                                 $133,400
  Formal Alumni/Trustee Weekends (Alumni, SDS)         $541,716
 ​​  
5. Other PC visitors (hotels/restaurants – estimates)        $1,473,022
  Visiting athletic teams                                                                $942,513
  Summer athletic camps                                                        $31,854
  Student prospects – campus visits                                        $451,011
  Admitted students – campus program                                $47,644
   
6. Men’s basketball attendees/Dunkin’ Donuts Center        $879,767
  (hotels/restaurants – estimate)  
   
7. College faculty/staff recruitment (hotels/restaurants)        $30,657
   
8. Wedding receptions held in Providence (estimate)        $205,150
  (ceremonies held in PC Chapel)  
   
9. PC grant to Smith Hill Community Development Corporation $250,000
  (for affordable housing - $750,000 over three years)