December 5, 2013
Penn State University is about to begin paying up for the Jerry Sandusky child sex abuse scandal.
The Patriot-News of Harrisburg, Penn., reports the university said it will make the first of five annual $12 million payments on December 20. That amount is roughly the annual surplus from Penn State's athletic programs.
The National Collegiate Athletic Association issued the school a $60 million fine in the wake of the investigation into the Sandusky scandal, which involved the abuse of 10 boys, some on campus.
The money is to go toward an endowment to combat child sex abuse and help victims.
There's still some debate about how to distribute the funds and whether they will stay in-state or have a national reach.
Sandusky was convicted this summer and is serving a 30 to 60-year prison sentence.