The University of Mississippi (colloquially known as Ole Miss) is an American public research university located in Oxford, Mississippi. It is the state of Mississippi's flagship and largest university, with a total enrollment of 24,250 in fall 2016. It is both a sea-grant and space-grant institution and is classified as an "R1: Doctoral University — Highest Research Activity". Across all its campuses, it comprises approximately 2,200 faculty members, 10,600 staff members, and 24,000 students, and has a total budget of roughly $2 billion. About 55 percent of its undergraduates and 60 percent overall come from Mississippi, and 23 percent are minorities; international students come from 90 nations.