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.
The university is set to receive $242.1 million, pending approval by Governor Josh Shapiro.
