Founded in 1956, Lipetsk State Technical University is a non-profit public higher-education institution located in the large city of Lipetsk (population range of 500,000-1,000,000 inhabitants), Lipetsk Oblast. Officially recognized by the Ministry of Science and Higher Education of the Russian Federation, Lipetsk State Technical University (LSTU) is a small coeducational Russian higher education institution. Lipetsk State Technical University (LSTU) offers courses and programs leading to officially recognized higher education degrees such as bachelor degrees in several areas of study. This 66 years old Russian higher-education institution has a selective admission policy based on entrance examinations. LSTU also provides several academic and non-academic facilities and services to students including a library, sports facilities, as well as administrative services.