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Tagged: Business and Finance

  • Fitch Upgrades The Ohio State University's IDR to 'AA+'

    |January 20, 2023
    Fitch Ratings has upgraded The Ohio State University's Issuer Default Rating (IDR) to 'AA+' from 'AA'. Fitch has also upgraded to 'AA+' the ratings on general receipt bonds issue by Ohio State. The 'F1+' rating on bonds supported by self-liquidity has been affirmed.
  • Ohio State proposes 2022 Tuition Guarantee rates for incoming first-year students

    |May 16, 2022
    The annual proposal detailing the cost of education at The Ohio State University includes a continuation of the Ohio State Tuition Guarantee. The popular program locks in tuition, housing and dining costs for each entering in-state student cohort for four years.
  • Ohio State bonds for the inpatient hospital project awarded Green Bond designation

    |October 1, 2021
    Leveraging its strong commitment to sustainability goals within its physical environment, Ohio State secured the University System of Ohio’s first green bond designation with the successful issuance of its $600 million Series 2021A bonds.
  • Even during pandemic, Ohio State’s finances a symbol of stability

    |August 19, 2021

    The Ohio State University stands on stable ground after an unprecedented year managing the COVID-19 pandemic.

    Fiscal year 2021, which ran from July 1, 2020, to June 30, 2021, outperformed the previous fiscal year, driven primarily by strong investment performance, continued positive momentum at the health system and significant efficiency measures across the university.

    Overall, the university’s response to the pandemic helped to preserve and protect its long-term fiscal health while continuing to invest in needed initiatives for the short term.

  • Ohio State’s long-term growth in good shape even amid pandemic

    |May 17, 2021

    As vaccinations increase and The Ohio State University prepares for more-normal operations, leaders say the institution’s financial outlook is strong and, while challenges remain, Ohio State is well positioned to invest in the future while continuing to manage the COVID-19 pandemic.

  • Ohio State proposes Tuition Guarantee rates for incoming first-year students

    |May 17, 2021

    Since 2018, in-state first-year students have benefited from the Ohio State Tuition Guarantee, which locks in tuition, housing and dining costs for each entering cohort for four years. For autumn 2021, the university plans to increase tuition and fees for incoming Ohio freshmen by 3.8%, which equates to a $418 annual change from last year’s rate, according to a proposal being presented to the university’s Board of Trustees on Thursday. 

  • Ohio State trustees approve Fiscal Year 2021 budget

    |August 27, 2020

    A new budget for Ohio State provides a clearer picture of the impact of the COVID-19 pandemic on university operations. The Board of Trustees voted today to approve a $7.5 billion budget for Fiscal Year 2021. University leadership presented a detailed overview of the budget to the board that showed how the pandemic continues to present significant budgetary challenges for Ohio State. No source of revenue is unaffected.

  • Ohio State proposes increase in tuition and fees for new first-year students

    |June 3, 2020

    The Ohio State University plans to increase tuition and fees for incoming Ohio freshmen by 3.9%, which equates to a $434 annual change from last year’s rate, according to a proposal being presented to the university’s Board of Trustees on Wednesday.

  • Ohio State names new Chief Investment Officer

    |May 1, 2020

    The Ohio State University names a new Chief Investment Officer (“CIO”) as the current CIO announces his retirement. Vishnu Srinivasan (“Vish”), an accomplished investment executive, will oversee the future strategic development and ongoing management of the university’s Long Term Investment Pool beginning on May 18th. 

  • Refunds for housing, dining and recreation fees

    |March 27, 2020

    Refunds for housing and dining fees for students who vacated the residence halls will be issued on April 3. Recreational fees refunds apply to all students. The credited amounts represent the remaining 45 days of spring semester (calculated from March 16). BuckID funds and Dining Dollars will be rolled over as detailed on the University Dining Plans page.