Anna University is set to get between Rs. 50 crore and Rs. 75 crore in April from the University Grants Commission to develop its research capabilities. The university is the 16th in the list of institutions selected by the UGC for the status of University with Potential for Excellence (UPE). With this Tamil Nadu has become the only State to have three universities with UPE status – the other two being the University of Madras and Madurai Kamaraj University.