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Penn State says colleges have received their next budgets created by new allocation model

While university officials say there aren’t plans for large-scale lay-offs or closures, many units will likely see their funding shrink.

By Emily Reddy/WPSU

Penn State rolls out new approach to budgeting it says is data-driven

The new model itself isn’t expected to balance the budget, but it will help the university get there by 2025.

By Anne Danahy/WPSU

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Gov. Tom Wolf heads into last budget season with flush state coffers

Collections for the current July-to-June budget year are now $1.5 billion above expectations.

By Mark Scolforo/The Associated Press

How will handle your money in 2022?

By Scott LaMar