05/24/2012 08:34 EDT | Updated 07/24/2012 05:12 EDT

Nova Scotia government offers $2.7 million loan to Acadia University

WOLFVILLE, N.S. - The Nova Scotia government has given Acadia University in Wolfville a $2.7 million loan to upgrade a student residence building.

Cutten House residence is being renovated to upgrade its layout, plumbing and ventilation.

It will also get new washrooms, showers, change facilities, carpets and paint.

University president Ray Ivany says first-year student numbers have increased at the university by 30 per cent in the last three years.

About half of Acadia's students are from out of province and more than 10 per cent are from outside of Canada.