Ohio State outlines financial plan, sets tuition rates
University also details fall back-to-campus reactivation
The Ohio State University
The Ohio State University remains on strong financial footing in the short- and long-term, officials told the Board of Trustees this week.
The university spent tens of millions of dollars since March 2020 to combat COVID-19 on campus and faces revenue losses caused by the pandemic in areas including net tuition and fee revenue, auxiliary revenues and athletics. Yet, long-term, Ohio State is poised to rebound, university officials noted in an interim financial report covering July 1, 2020, to March 31, 2020.
The long-term picture is anchored by an increase of nearly $1.4 billion of investment income for Ohio State compared to the previous fiscal year.
Ohio State University: Ohio State outlines financial plan, sets tuition rates
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STEM building for COTC/OSUN nearing completion
Staff Report
NEWARK – Construction of a new academic building dedicated to science and technology on the shared campus of Ohio State University at Newark and Central Ohio Technical College (COTC) is nearing completion.
The $32 million John and Mary Alford Center for Science and Technology, a three-story, 60,000-square-foot facility, will become the 11th building on the shared 200-acre campus. The center will add classrooms, science and research labs, student study space, and faculty offices. It is scheduled for substantial completion late this month. The two institutions will begin holding classes in the new building at the start of autumn semester 2021.