Walk's Service Center Inc. was accused by the Pennsylvania attorney general of participating in unfair and deceptive business practices.
Carter was one of 10 players, and the only Nittany Lion, mentioned by the conference.
Jeff and Ann Marie Fox donated $20 million to the university.
The budget features increases between 1-4% for tuition, housing, and food for most students.
Tuition rates at the University Park campus would rise between 2-4%, according to the proposed budget.
Alumni-elected trustee Barry Fenchak is claims he has been turned down from viewing documents relating to the university's $4.6 billion endowment.