Founded in 1499, Universidad de Valencia (University of Valencia) is a non-profit public higher-education institution located in the urban setting of the large city of Valencia (population range of 500,000-1,000,000 inhabitants), Valencian Community. This institution also has a branch campus in Burjasot-Paterna. Officially recognized by the Ministerio de Universidades, España (Ministry of Universities of Spain), Universidad de Valencia (UV) is a very large coeducational Spanish higher education institution. Universidad de Valencia (UV) offers courses and programs leading to officially recognized higher education degrees in several areas of study. This 523 years old Spanish higher-education institution has a selective admission policy based on entrance examinations and students' past academic record and grades. The admission rate range is 50-60% making this Spanish higher education organization a averagely selective institution. International students are welcome to apply for enrollment. UV 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.