State audit says Ohio’s only public HBCU inaccurately charged students tuition and fees
State Auditor Keith Faber found that Central State University incorrectly charged students tuition and rent, resulting in over $105,000 in penalties. The audit revealed that 37 students were overcharged for part-time tuition, while 23 students were undercharged, and some students were incorrectly charged rent for residence halls. Central State University’s Foundation lost its tax-exempt status, failed to file annual reports, and transferred over $2.7 million from investment endowment accounts to fund operating expenses. Central State University incorrectly charged students tuition and rent, according to State Auditor Keith Faber. Faber recently released an audit of Central State University’s finances from July 1, 2022,