First Nations University of Canadawarned there will be"severe cuts" if it doesn't get $1.1 million to balance its budget.

The Regina-based university said in a news release Wednesday afternoon that the board of governors has rejected a proposed deficit budget.

Instead, it "balanced" the budget with a projected revenue of $1.1 million it hopes to get from the federal Indian Affairs Department and "other sources."

FNUC president Charles Pratt said in the release that without the $1.1 million, "severe cuts would have to be made to programming and support services."

The university has been trying to boost faculty salaries to reach "parity" with the University of Regina.

Without the money, that plan will be delayed, Pratt said.

Hesaid the budget also postpones a number of new projects and initiatives.