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CUSAT has earmarked Rs 10 lakh for the renovation work in its budget.
The Centre will offer an array of services including exchange opportunities with US institutions.
The Governor has also ordered Calicut University to suspend the procedures related to the elections to its Syndicate.
Applications could be submitted for the posts – which are contract appointments – till February 8.
Four persons were killed and at least 60 others were injured in the stampede that occurred before the musical concert by singer Nikita Gandhi.
CUSAT has ranked 333 in the world, 9th in India in the governance category, 640 in the world, and 27th in India in the Environmental impact category.
Justice Devan Ramachandran said the cause of the incident must be found to prevent such incidents from happening.
When classes resumed at the School of Engineering on Thursday, only 10 out of the 1,300 students attended.
Four people were killed in a stampede on Saturday, which was organised without the permission of the authorities.
Four people were killed in a stampede at Cusat recently where Nikhita Gandhi was set to perform.