Founded in 1995, Universidad del Caribe (University of Caribe) is a non-profit private higher-education institution located in the urban setting of the metropolis of Santo Domingo (population range of 1,000,000-5,000,000 inhabitants), Distrito Nacional. This institution also has a branch campus in Monte Plata. Officially recognized by the Ministerio de Educación Superior, Ciencia y Tecnología, República Dominicana (Ministry of Higher Education, Science and Technology of the Dominican Republic), Universidad del Caribe (UNICARIBE) is a large coeducational Dominican higher education institution. Universidad del Caribe (UNICARIBE) offers courses and programs leading to officially recognized higher education degrees such as pre-bachelor degrees (i.e. certificates, diplomas, associate or foundation), bachelor degrees, master degrees in several areas of study. This 27 years old Dominican higher-education institution has a selective admission policy based on entrance examinations and students' past academic record and grades. The admission rate range is 70-80% making this Dominican higher education organization a somewhat selective institution. International students are welcome to apply for enrollment. UNICARIBE also provides several academic and non-academic facilities and services to students including a library, sports facilities, financial aids and/or scholarships, study abroad and exchange programs, online courses and distance learning opportunities, as well as administrative services.