The mission of Southwest Tennessee Community College is to provide the citizens of Shelby and Fayette counties and the surrounding Mid-South region with a high quality and affordable post-secondary education that prepares them for associate degrees, future educational opportunities, and successful employment.
Economic Impact
• Southwest impact of $126.6M in 2016
• Southwest is a great investment. For every $1 spent:
• Local TAXPAYERS reap $1.40 in increased tax revenue, STATE reaps $6.90 in increased tax revenue and decreased social costs, STUDENTS reap $8.70 in higher earnings/ avg ROI of 21.2%
• Southwest GRADUATES earn on average $11,600 more a year
• Southwest spent over $70 million in operations expenses
• Over $41.1 million in payroll for 1,100 employees
• Nearly $40 million cover its expenses for facilities, professional services, and supplies, making it a large scale buyer of goods and services.
• 96% of students live in Shelby County and stay post grad, 4% relocate and stay—retained students spent $17.2 mil (groceries, rent, transportation, etc)
• Student spending generated $11.2 million in added income in the regional economy, enough to support 297 jobs
• Southwest ALUMNI generated $45.1 in added income for the region. The $45.1 mil in student spending represents students’ higher earnings, increased output of the businesses that employed the students, and the multiplier effects that occurred from students and employers spending.
Student-Centric Culture through Achieving the Dream
• Was hard to get in, easy to leave—no more. Case management approach to enrollment and matriculation
• Mental Health Counselor, Social Services Counselor, Southwest Foundation awards book vouchers and emergency loans, Veterans Resource Center
TAP Apprenticeship Program with TCAT and The MMBC Continuum
• Partnership that brings together education and economic development
• Students learn while they learn masonry, electrical and concrete skills
• Work at three participating business during the day, and go to night school at TCAT-Memphis
• Students starting pay of $10-$11 and up to $19 as journeymen
• May transfer to Southwest to pursue associate degree after earning a TCAT-Memphis diploma; Articulation agreement allows credits to transfer