PSU's Sandusky-related costs near $50 million

Pennsylvania State University's tab for costs associated with the child sex abuse scandal reached nearly $50 million as of June 30, the most recent figure available.

The costs were $49.4 million, the university announced on its web site. The costs cover a variety of legal representation including payment to Feinberg Rozen, the law firm helping to negotiate settlements with the victims of former Penn State football coach Jerry Sandusky.

Also included are a $12 million fine to the National Collegiate Athletic Association, $8.1 million to the law firm of former FBI Director Louis Freeh for the university-commissioned investigation into the scandal and other related expenses.

Some of the costs are expected to be reimbursed by the university's insurance policies, the university said.