Founded in 1746, Princeton University is a non-profit private higher-education institution located in the suburban setting of the large town of Princeton (population range of 10,000-49,999 inhabitants), New Jersey. Officially accredited by the Middle States Commission on Higher Education, Princeton University is a medium-sized coeducational US higher education institution. Princeton University offers courses and programs leading to officially recognized higher education degrees such as bachelor degrees in several areas of study. This 276 years old US higher-education institution has a selective admission policy based on entrance examinations and students' past academic record and grades. The admission rate range is 0-10% making this US higher education organization a most selective institution. International students are welcome to apply for enrollment. Princeton University 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, as well as administrative services.