Stanford University, officially Leland Stanford Junior University, is a private research university in Stanford, California. The university was founded in 1885 by Leland Stanford, former Governor of and U.S. Senator from California and railroad tycoon, and his wife, Jane Lathrop Stanford, in memory of their only child, Leland Stanford Jr., who had died of typhoid fever at age 15 the previous year. Stanford admitted its first students on October 1, 1891 as a coeducational and non-denominational institution. Tuition was free until 1920. The university struggled financially after Leland Stanford’s 1893 death and again after much of the campus was damaged by the 1906 San Francisco earthquake. Following World War II, Provost Frederick Terman supported faculty and graduates’ entrepreneurialism to build self-sufficient local industry in what would later be known as Silicon Valley.
The main campus is in northern Santa Clara Valley adjacent to Palo Alto and between San Jose and San Francisco. Stanford also has land and facilities elsewhere. Its 8,180-acre (3,310 ha) campus is one of the largest in the United States.[note 1] The university is also one of the top fundraising institutions in the country, becoming the first school to raise more than a billion dollars in a year.
- Ranked 3rd in Top Universities Abroad
- 97% of undergraduates live on campus
- 22 Nobel laureates are currently members of the Stanford faculty
- Excellent student to faculty ratio of 5:1
- For undergraduates from households with incomes below $100,000, tuition is fully covered by scholarship and/or grant aid
- About 85% of graduate students receive financial aid
- Diverse campus with 49 States and 67 Countries represented