Founded in 1585, Karl-Franzens-Universität Graz (University of Graz) is a non-profit public higher-education institution located in the urban setting of the medium city of Graz (population range of 250,000-499,999 inhabitants), Styria. Officially recognized by the Bundesministerium für Bildung, Wissenschaft and Forschung, Österreich (Federal Ministry of Education, Science and Research of Austria), Karl-Franzens-Universität Graz (KFU Graz) is a large coeducational Austrian higher education institution. Karl-Franzens-Universität Graz (KFU Graz) 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 437 years old Austrian higher-education institution has a selective admission policy based on entrance examinations. International students are welcome to apply for enrollment. KFU Graz 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.