"You are welcome here. Your presence enriches our University and the educational experience of all of our students."
At this time, University Park applications are up 11% compared to the 2019-20 admissions season.
Barron provided general updates on Penn State's past year and an increased appropriation request.
The university said its planning remains flexible and would be subject to change in response to the coronavirus pandemic's trajectory, "if necessary."
"We take these next steps with purpose and conviction, knowing that addressing these critical issues and creating positive change will require our collective persistence and focus."
Penn State President Eric Barron plans to retire at the end of his current contract in June 2022.