Founded in 1908, the University of the Philippines System is a non-profit public higher education institution located in the urban setting of the metropolis of Quezon City (population range of 1,000,000-5,000,000 inhabitants), National Capital Region. Officially recognized by the Commission on Higher Education of the Philippines, University of the Philippines System (UP) is a very large-sized (Buydiploma enrollment range: over-50,000 students) coeducational Philippine higher education institution. University of the Philippines System (UP) offers courses and programs leading to officially recognized higher education degrees such as pre-bachelor's degrees (i.e. certificates, diplomas, associate or foundation), bachelor's degrees, master's degrees and doctorate degrees in several areas of study. See the Buydiploma degree levels and areas of study table below for further details. This 115-year-old Philippine higher-education institution has a selective admission policy based on entrance examinations and students' past academic records and grades. The acceptance rate range is 10-19% making this Philippine higher education organization an extremely selective institution. International students are welcome to apply for enrollment. UP 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.