Welcome to the Office of Business and Finance
The Office of Business and Finance is focused on operational excellence and resource stewardship, the pillar of Ohio State's strategic plan that provides the financial support for our ambitions as a national flagship public research university. We work to protect and grow the resources available to invest in teaching, learning, research and patient care. Have questions or comments about our new website? Please contact us
Business and Finance News
Well before 2020, Ohio State has already exceeded the university’s five-year goals for increased student financial aid and new resources generated through innovative partnerships. In addition, the university is on pace to surpass its efficiency goal by fiscal 2020.
Operational excellence and resource stewardship is a key element of the university’s Time and Change strategic plan.
A state performance audit released today recommends next steps in Ohio State’s ongoing work to reduce administrative costs.
The university volunteered for the performance audit as part of its commitment to operational excellence and resource stewardship, a pillar of Ohio State’s strategic plan. In work prior to the performance audit, Ohio State has used efficiency savings and innovative partnerships to fund more than $100 million in new need-based aid for Ohio students.
Ohio State's investment portfolio earned a +7.7 percent net return in fiscal 2018 and grew to a record $5.2 billion.
The market value of the Long-Term Investment Pool grew $958 million in fiscal 2018 while distributing $201.5 million to support student scholarships, faculty positions and other academic priorities.
Ohio State’s portfolio was worth $4.25 billion at the beginning of the fiscal year, ranking it as the 23rd largest college endowment in the country.