Established in 1993, Universidad Privada Franz Tamayo (English: Franz Tamayo University) is a for-profit private higher education institution located in the the urban setting of the medium-sized city of La Paz (population range: 500,000-1,000,000 inhabitants), Murillo. This institution has also branch campuses in the following locations: El Alto, Cochabamba, Santa Cruz. Officially accredited/recognized by the Ministerio de Educación, Bolivia (English: Ministry of Education, Bolivia), Universidad Privada Franz Tamayo (UNIFRANZ) is a small (enrollment range: 5,000-5,999 students) coeducational higher education institution. Universidad Privada Franz Tamayo (UNIFRANZ) offers courses and programs leading to officialy recognized higher education degrees such as bachelor degrees, master degrees in several areas of study. This 23 years old HE institution has a selective admission policy based on students' past academic record and grades. The admission rate range is 60-70% making this Bolivian higher education organization a somewhat selective institution. International applicants are eligible to apply for enrollment. UNIFRANZ 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, as well as administrative services.