LINCOLN, Neb. (AP) — The University of Nebraska Board of Regents will consider next week a 3.5 percent increase to the university’s operating budget for the upcoming academic year, while keeping tuition from rising for Nebraska residents.

The increase will bring NU’s total operating budget to $2.4 billion. Regents will consider the budget during their regular meeting, which begins at 8 a.m. on Friday in Varner Hall on the University of Nebraska-Lincoln East Campus.

Interim NU President James Linder said freezing tuition reflects the university’s highest priority of keeping college affordable. Nonresidents will see a small increase in tuition costs.