Established in 1998, Háskólinn í Reykjavík (Reykjavík University) is a non-profit private higher-education institution located in the urban setting of the small city of Reykjavík (population range of 50,000-249,999 inhabitants), Capital Region. Officially recognized by the Mennta- og menningarmálaráðuneytið (Ministry of Education, Science and Culture of Iceland), Háskólinn í Reykjavík (RU) is a small coeducational Icelandic higher education institution. Háskólinn í Reykjavík (RU) offers courses and programs leading to officially recognized higher education degrees such as pre-bachelor degrees (i.e. certificates, diplomas, associate or foundation), bachelor degrees, master degrees, doctorate degrees in several areas of study. This 24 years old Icelandic higher-education institution has a selective admission policy based on students' past academic record and grades. The admission rate range is 40-50% making this Icelandic higher education organization a averagely selective institution. International applicants are eligible to apply for enrollment. RU also provides several academic and non-academic facilities and services to students including a library, sports facilities, study abroad and exchange programs, as well as administrative services.