UPEI tuition is rising by three per cent, the board of governors said Friday. 

The board also approved a balanced budget for 2014-15, saying it will keep tuition among the lowest in the region and avoid big cuts. 

President Alaa Abd-El-Aziz said the university looked for revenue increases and reduced spending. 

“We appreciate that post-secondary education continues to be a priority for the government of P.E.I.,” said Abd-El-Aziz. “The provincial government core operating grant constituted 50 per cent of total UPEI revenue in 2013–14.” 

The three per cent increase will apply to all undergraduates and international students. 

Anastasia Smallwood, president of the UPEI student union, said it did not support the tuition increase, but that it understood the budgetary reasons for doing so. 

"We do appreciate being included in discussions about the budget and are pleased that the budget does not include any cuts to core student programs and services, or any increases to ancillary student fees, such as the athletics and administration fees," she said.