The legal status of these courses was comparable to those offered by colleges which were considered as higher education institutions.

In September 1930, by the decision of the Council of People's Commissars of Ukraine, the Kremenchuk Institute of Social Education was opened on the same basis.

Only in 1960 did higher education in the city resume with the creation of the general technical faculty of the Poltava Institute of Agricultural Construction Engineers.

Ye., who stood at the origins of the institute, was a Merited Education Worker of Ukraine, and Kremenchuk Honored Citizen,[8] was elected to be the first rector.

Among several candidates the university personnel by a majority of votes elected Mykhaylo Vasylyovych Zagirnyak — Honoured Scientist of Ukraine, Doctor of Sciences, Professor, Holder of the Order of Merit of III degree, Master of Sports.

On 21 April 2006 the State Accreditation Commission reviewed all the submitted documents and expert opinions, taking into account the university's high standards and rapid development, the Kremenchuk State Polytechnic University was awarded the accreditation level IV.

The university was awarded the new, higher status that allowed students to receive a master's degree under the state demand and on a wide range of professional subjects.

Such a big day came not only because of the KSPU team efforts, but due to the work of the whole city; in the past the local authorities and Kremenchuk enterprises had supported the creation of the institution of higher education.

Previously having a word "polytechnic" in its name, the university was asserted as an industry-specific institution of higher education.

863/2010 of the President of Ukraine Kremenchuk State University, named after Mykhailo Ostrohradskyi [uk] was given the national status.

It is also internationally connected to the US Peace Corps, the Mittweida University of Applied Sciences, Bolivarian State University, the University of Antwerp, North China Research Institute of Electronics and Optics, universities of Annaba, Ljubljana, Lublin, Mons, Bumardesa Every year students, including PhD students as well as academic staff of KrNU receive advanced international experience due to: the state programme of the Ministry of Education and Science of Ukraine "Training Students, PhD Students, Academic Staff at Leading Higher Education Institutions and Research Institutions Abroad": International PhD seminar in Gliwice and Vistula (Poland); Open World Program of American Councils on Higher Education (USA); Master and PhD Programmes at Lanzhou Jiaotong University (China); summer practice at Matej Bell University (Slovakia); cultural exchange programmes Work and Travel (USA) and Work and Travel (Germany).

At the Congress of the Black Sea Universities Network "Higher Education Forum" (Kyiv, 5–8 April 2008), KrNU was enrolled to this international organization.

KrNU is a frequent member of the International exhibition "Innovations in Modern Education"; repeated participant of different competitions and winner of gold and silver medals.