UCR's undergraduate College of Letters and Science opened in 1954. The Regents of the University of California declared UCR a general campus of the system in 1959, and graduate students were admitted in 1961. To accommodate an enrollment of 21,000 students by 2015, more than $730 million has been invested in new construction projects since 1999. Preliminary accreditation of the UC Riverside School of Medicine was granted in October 2012 and the first class of 50 students was enrolled in August 2013. It is the first new research-based public medical school in 40 years.