KICA's member institutions generate a positive impact on the Kansas economy and create lifelong benefits for their students. In 2017, for every
one dollar invested in state aid to KICA students, KICA colleges generated $32.51 in taxpayer benefits and $107.54 in private sector economic growth.
In 2014, KICA commissioned a group of independent economists at EMSI to create a study titled "Demonstrating the Economic Value of Kansas' Independent Colleges and Universities." The study examines the impact of KICA's member colleges on the state economy and the benefits generated by these institutions for students, for society, and for taxpayers.