Established in 1954, Universidad Austral de Chile (Southern University of Chile) is a private higher-education institution located in the small city of Valdivia (population range of 50,000-249,999 inhabitants), Los Lagos. Officially recognized by the Comisión Nacional de Acreditación, Chile (National Accreditation Commission), Universidad Austral de Chile (UAC) is a large coeducational Chilean higher education institution. Universidad Austral de Chile (UAC) offers courses and programs leading to officially recognized higher education degrees such as bachelor degrees in several areas of study. This 67 years old Chilean higher-education institution has a selective admission policy based on entrance examinations. UAC 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.