UW-Oshkosh will use funding from the federal government to pay off the loans for two projects.
A federal court settlement over the UW-Oshkosh Foundation calls for UW-Oshkosh to pay two banks a total of $6.8 million. No state funding or tuition money will be used.
The UW-Oshkosh Foundation filed for bankruptcy, after borrowing money for the university’s Welcome and Alumni Center, and a biodigester project.
