An audit report released on Wednesday by the Office of Internal Audit at Oklahoma Agricultural and Mechanical Colleges Board of Regents has found significant issues in the allocation and management of legislatively appropriated funds at Oklahoma State University. The audit concluded that a total of $41 million in state funds received between July 1, 2022, and January 15, 2025, were not properly restricted and were in some cases mixed with other funds, leading to expenditures that did not align w
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OSU AUDIT UPDATES: Former OSU President Kayse Shrum responded to an audit revealing mismanagement of $41 million in state funds. Shrum, who received the audit results via a news article, emphasized, "There is absolutely no money missing. No state money has been taken. All of the money is still in OSU accounts and was spent on delivering education and research per the mission of the university." She noted that all fund transfers were approved by the Board of Regents with legal counsel guidance. T
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