( CNN ) -- Penn State 's Board of Trustees on Friday authorized the school to offer settlements to some of the men who say former assistant football coach Jerry Sandusky abused them . No settlement agreements have been signed , the board said in a statement after its meeting Friday . The settlement offers apply to a number of people who have made claims against Penn State arising from the Sandusky case , the board said . `` Today 's action is yet another important step toward the resolution of claims from Sandusky 's victims , '' Penn State President Rodney Erickson said in a statement . `` As we have previously said , the university intends to deal with these individuals in a fair and expeditious manner , with due regard to their privacy . '' The board said the settlement offers are `` within a range of dollar values '' that is being kept confidential . It said there would be no more comments until the settlements have been finalized and agreed to . Painful chapter closes with Sandusky 's conviction . A judge sentenced Sandusky in October to more than 30 years in prison for sexually abusing 10 boys over a 15-year period . The sex abuse scandal led to the 2011 firing of Penn State 's head football coach , Joe Paterno , and the ouster of the university 's longtime president , Graham Spanier . Paterno died last year of lung cancer . Penn State antitrust suit against NCAA tossed out . CNN 's Chandler Friedman contributed to this report .
Board of trustees authorizes the State to offer settlements to some students . The settlements are for those who have made threats against the school . No settlement agreements have been signed , the board says . Sandusky was sentenced in 2009 for sexually abusing young boys .