Founded in 1991, Universidad Latinoamericana de Ciencia y Tecnologia (Latinoamerican University of Sciences and Technology) is a private higher-education institution located in the large city of Panama City (population range of 500,000-1,000,000 inhabitants), Panama. Officially recognized by the Consejo Nacional de Evaluacion y Acreditacion Universitaria de Panama (National Council of University Assessment and Accreditation of Panama), Universidad Latinoamericana de Ciencia y Tecnologia (ULACIT) is a small coeducational Panamanian higher education institution. Universidad Latinoamericana de Ciencia y Tecnologia (ULACIT) offers courses and programs leading to officially recognized higher education degrees such as bachelor degrees in several areas of study. ULACIT also provides several academic and non-academic facilities and services to students including a library, as well as administrative services.