Central State University, Ohio's public HBCU, placed on fiscal watch for financial issues, requires increased oversight and a recovery plan within 3 years.

Central State University, Ohio's only public historically Black university, has been placed on fiscal watch due to reported financial issues, including declining online enrollment and incomplete audits. This designation mandates increased financial oversight and a recovery plan to stabilize finances within three years. The Ohio Department of Higher Education and the state auditor will assist in improving budgeting and reporting practices. Central State previously faced similar financial scrutiny in 2015.

October 25, 2024
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