The O'Colly is published every weekday and distributed for free to OSU students at various points around the campus in Stillwater.

In December 1924 The O'Collegian began daily publication, increased its circulation to 2,983, and joined the Associated Press, becoming the fifth college newspaper in the United States to do so.

Starting with the fall 2014 semester, the paper cut Tuesday and Thursday edition and rebranded as The O'Colly with a new tabloid format.

[citation needed] In 1991, The O'Colly produced the National Story of the Year from the Associated Collegiate Press and the Los Angeles Times.

Additionally, the paper has been honored with other awards from the William Randolph Hearst Foundation, Society of Professional Journalists, Southwestern Journalism Congress and Oklahoma City Gridiron.