Lasell’s Direct Impact on the Local Economy

Lasell College and Lasell Village contribute directly to the local economy in taxes paid, utilities, payroll and local purchases.

Lasell College Direct Impact*
Payroll - total compensation paid $20.3M
Taxes paid to the Commonwealth of Massachusetts (State withholding taxes) $894K
Local purchases (supplies, equipment, including payments to the college for contracts and wage reimbursements) $3.9M
Real Estate Taxes $59K
Utilities (gas, oil, electric, sewer, water) $2.02M
Capital Projects $6.7M
Financial Aid - Local Students
Local students (101 from Newton and surrounding area) received $1,099,330 in financial aid, $657,947 of that was provided by Lasell. $658K
Additional Impact
Estimated expenditures of students (avg.)
(1,178) x $200/month = $1,884,800 
$1.9M
Lasell Village Direct Impact*
Payroll - total paid $4.7M
Taxes paid to the Commonwealth of Massachusetts (State withholding taxes) $197K
Local purchases (activities, supplies, including payments to the college for contracts and wage reimbursements) $2.4M
Utilities $907K
Real Estate Taxes $642K
Total Capital Projects $617K

* Figures rounded

GRAND TOTAL

$45.9M

Faculty Profile

Lizbeth H. Piel, Ph.D.Assistant Professor of HistoryPrior to teaching at Lasell, Lizabeth Halliday Piel taught at University of Hawaii at Manoa.  

News Highlight

Lasell Introduces Cross-Registration Program with Regis College, Expanding on Courses Offered  Monday, March 30, 2015Lasell College will begin a cross-registration program with Regis College this Fall, enabling undergraduate students to enroll in additional courses there at no additional cost. Lasell students will be able to add selected Regis courses to their Lasell schedule starting with pre-registration this April.

Featured Event

Graduate Information Session  Wednesday, August 20, 2014