Founded in 1635, Eötvös Loránd Tudományegyetem (Eötvös Loránd University) is a non-profit public higher-education institution located in the urban setting of the metropolis of Budapest (population range of 1,000,000-5,000,000 inhabitants). This institution also has a branch campus in Szombathely. Officially recognized by the Magyar Felsooktatási Akkreditációs Bizottság (Hungarian Accreditation Committee), Eötvös Loránd Tudományegyetem (ELTE) is a very large coeducational Hungarian higher education institution. Eötvös Loránd Tudományegyetem (ELTE) offers courses and programs leading to officially recognized higher education degrees such as bachelor degrees, master degrees, doctorate degrees in several areas of study. This 387 years old Hungarian higher-education institution has a selective admission policy based on students' past academic record and grades. The admission rate range is 30-40% making this Hungarian higher education organization a very selective institution. International students are welcome to apply for enrollment. ELTE also provides several academic and non-academic facilities and services to students including a library, housing, sports facilities, financial aids and/or scholarships, study abroad and exchange programs, online courses and distance learning opportunities, as well as administrative services.