Founded in 1635, Eötvös Loránd Tudományegyetem (Eötvös Loránd University) is a non-profit public higher education institution located in the the urban setting of the large city of Budapest (population range of 1,000,000-5,000,000 inhabitants). Officially accredited/recognized by the Magyar Felsooktatási Akkreditációs Bizottság (English: Hungarian Accreditation Committee), Eötvös Loránd Tudományegyetem (ELTE) is a very large (enrollment range: 30,000-34,999 students) coeducational higher education institution. Eötvös Loránd Tudományegyetem (ELTE) offers courses and programs leading to officialy recognized higher education degrees such as undergraduate certificates/diplomas, associate degrees, bachelor degrees, master degrees, doctorate degrees in several areas of study. This 381 years old HE institution has a selective admission policy based on students' past academic record and grades. The admission rate range is 10-20% making this Hungarian higher education organization a most selective institution. International students are welcome to apply for enrollment. ELTE also provides several academic and non-academic facilities and services to students including a library, housing, sport facilities and/or activities, financial aids and/or scholarships, study abroad and exchange programs, online courses and distance learning opportunities, as well as administrative services.