Founded in 1903, the University of Puerto Rico (Universidad de Puerto Rico in Spanish, UPR) is the oldest and largest university system in Puerto Rico. Though Puerto Rico is not a U.S. state, the system is run much like a state university system and its programs have been accredited by U.S. accreditation agencies. UPR consists of 11 campuses with approximately 64,740 student and faculty. (Approximately 60,000 are undergraduates).