The Fulton school will celebrate throughout the year, starting Friday with cake, candles and Woods' great-great-grandson.
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Students will participate in leadership training to prepare to become officers in the Missouri Army National Guard.
The firings came before UM System President Mun Choi was scheduled to announce fiscal 2018 budget strategies on Friday.
In-state undergraduate students taking 15 credit hours a semester will have to pay about $200 more each year on top of supplemental course fee increases.
The Missouri Students Association passed a resolution Tuesday night asking the UM System divest from funding fossil fuel companies through the system's $1.5 billion Endowment Pool by 2022.
The UM System is among the organizations supporting the bill, which is scheduled for a key House vote on Monday.
Prospective MU students will now be able to submit applications through the Common App, which allows a single application to be submitted to multiple universities.
Millions could be restored to higher education core funding across the state in a proposed budget for 2018, save for the UM System, whose $8.5 million appropriation only applies to certain programs such as the system's medical school program in Springfield.