Tuition is going up at the University of Missouri’s four campuses in Columbia, St. Louis, Kansas City and Rolla after they took a financial hit because of the coronavirus pandemic.

The University of Missouri Board of Curators approved the 2.3% tuition increase on Thursday. If enrollment remains steady, it will generate about $14.8 million.

UM system president and interim MU chancellor Mun Choi described the tuition increase in a news release as among the lowest around the country. It is equal to the amount of inflation.