Established in 1920, University of Economics - Varna is a non-profit public higher-education institution located in the urban setting of the large city of Varna (population range of 500,000-1,000,000 inhabitants). Officially recognized by the Ministry of Education and Science of Bulgaria, University of Economics - Varna (UE-Varna) is a large coeducational Bulgarian higher education institution. University of Economics - Varna (UE-Varna) offers courses and programs leading to officially recognized higher education degrees in several areas of study. This 102 years old Bulgarian higher-education institution has a selective admission policy based on students' past academic record and grades. The admission rate range is 40-50% making this Bulgarian higher education organization a averagely selective institution. International applicants are eligible to apply for enrollment. UE-Varna 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.