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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.