Founded in 1997, Universidad Thomas More (Thomas More University) is a for-profit private higher-education institution located in the urban setting of the metropolis of Managua (population range of 1,000,000-5,000,000 inhabitants). Officially recognized by the Consejo Nacional de Universidades, Nicaragua (National Council of Universities of Nicaragua), Universidad Thomas More (UTM) is a very small coeducational Nicaraguan higher education institution formally affiliated with the Christian-Catholic religion. Universidad Thomas More (UTM) 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, doctorate degrees in several areas of study. This 25 years old Nicaraguan higher-education institution has a selective admission policy based on students' past academic record and grades. The admission rate range is 80-90% making this Nicaraguan higher education organization a least selective institution. International students are welcome to apply for enrollment. UTM 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.