Despite a flurry of cuts in the past few months, the University of Saskatchewan is expected to lose millions this year.

It is projecting a more than $3 million shortfall in its 2013-14 budget.

Salary increases and benefits are one reason the university is in the red.

The U of S has already increased tuition for the fifth straight year and made a number of permanent cuts, including laying off about 100 workers.

In 2012, the university projected a $44.5 million shortfall by 2016.