The Sri Palee campus was officially inaugurated on the 12th of July 1999 by the then Minister of Education and Higher Education. The first batch of students admitted to the campus amounted to 150 in both Departments of Study.At present the Campus has a student population of 322 in all four years of which 165 are provided with hostel facilities. Every year a special admission test is held to recruit new students to the campus. The annual intake of students in both departmetns is around 150.