Weather Alert: Due to the blizzard and state of emergency Lasell College is closed Monday and will remain closed on Tuesday, January 27th. Read More

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

News Highlight

State Board of Higher Education Approves New Master’s Degree in Criminal Justice  Wednesday, December 17, 2014The Massachusetts Board of Higher Education has approved a new Master’s degree in Criminal Justice at Lasell that will offer students multiple concentrations in Emergency Management, Homeland Security, Violence Prevention and Advocacy as well as a flexible Criminal Justice option. The online program launches in Fall 2015.

Featured Event

Colored Girls Hustle  Wednesday, October 29, 2014Yamawaki Auditorium