Established in 1981, Fundación Universitaria Compensar (Pan-American University Foundation) is a non-profit private higher-education institution located in the large metropolis of Bogotá (population range of over 5,000,000 inhabitants), Bogota. Officially recognized by the Ministerio de Educación Nacional, Colombia (Ministry of National Education of Colombia), Fundación Universitaria Compensar is a coeducational Colombian higher education institution. Fundación Universitaria Compensar offers courses and programs leading to officially recognized higher education degrees in several areas of study. Fundación Universitaria Compensar also provides several academic and non-academic facilities and services to students including a library, as well as administrative services.