WATCH: Octavia Spencer delivers commencement speech at KSU

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KENT, Ohio -- Octavia Spencer delivered the commencement speech at Kent State on Saturday, which cost the university $100,000.

The contract between the university and the Academy-Award winner had her posing for photos with VIPs starting at 9 a.m. Saturday morning.

She then took part in the processional, delivered her speech at 11 a.m., and wrapped up by noon.

In addition to a fee that is listed in the contract as "$100,000 GUARANTEED," the university also agrees to provide: "two (2) unrestricted fully-refundable round trip first-class airfares and first-class exclusive professional ground transportation."

Read more about Spencer's contract, HERE.

**Watch Octavia Spencer's entire speech above this story.**