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The University of Prince Edward Island (UPEI) is a community liberal arts university in Charlottetown, Prince Edward Island, Canada, and the only university in the region. It was established in the year of 1969. The university traces its origins back to 1804, when Lt. Governor Edmund Fanning and the Legislative Council of Prince Edward Island christened for the creation of Kent College. By 1820, the first Kent College building, known as "the National School", or James Breadings School was originated. Later prospered by Central Academy which received a Royal Charter in 1834. The current President is Dr. Alaa Abd-El-Aziz, installed July 1, 2011. The current chancellor is William E. (Bill) Andrew. In Macleans 21st Annual University Ranking (2011-2012), UPEI was ranked in 4th place among all Canadian universities for present primarily undergraduate education. UPEI manages over $18 million in annual research expenses. The on-campus biosciences and health research facility is used by researchers from UPEI, National Research Council (Canada), and Agriculture and Agri-Foods Canada.