Ivy League
The Ivy League is an athletic conference, founded in 1954, of eight private institutions of higher education located in the eastern United States. The term has connotations of academic excellence, selectivity in admissions, and a certain amount of academic elitism.
All of the Ivy League institutions share some general characteristics: They are among the most prestigious and selective schools in the U.S., they consistently place close to the top of college and university rankings; they rank within the top one percent of the world's academic institutions in terms of financial endowment; they attract top-tier students and faculty; and they have relatively small undergraduate populations, ranging between 4,078 for Dartmouth College and 13,700 for Cornell University and modestly sized graduate student populations, ranging between 1,666 for Dartmouth and 14,692 for Columbia. Seven of the eight schools (Cornell University being the exception) were founded during America's colonial period. Ivy League institutions, therefore, account for seven of the nine colleges chartered before the American Revolution. The Ivies also are all located in the Northeast region of the United States. Notably, the Ivies also prohibit the offering of athletic scholarships to students in most cases; this ban differentiates Ivy teams from those of schools that permit students to receive scholarships to attend or to join a team.
The Ivy League institutions are privately owned and controlled. Although many of them receive funding from the federal or state governments to pursue research, only Cornell has state-supported academic units, termed statutory colleges, that are an integral part of the institution.
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All of the Ivy League institutions share some general characteristics: They are among the most prestigious and selective schools in the U.S., they consistently place close to the top of college and university rankings; they rank within the top one percent of the world's academic institutions in terms of financial endowment; they attract top-tier students and faculty; and they have relatively small undergraduate populations, ranging between 4,078 for Dartmouth College and 13,700 for Cornell University and modestly sized graduate student populations, ranging between 1,666 for Dartmouth and 14,692 for Columbia. Seven of the eight schools (Cornell University being the exception) were founded during America's colonial period. Ivy League institutions, therefore, account for seven of the nine colleges chartered before the American Revolution. The Ivies also are all located in the Northeast region of the United States. Notably, the Ivies also prohibit the offering of athletic scholarships to students in most cases; this ban differentiates Ivy teams from those of schools that permit students to receive scholarships to attend or to join a team.
The Ivy League institutions are privately owned and controlled. Although many of them receive funding from the federal or state governments to pursue research, only Cornell has state-supported academic units, termed statutory colleges, that are an integral part of the institution.
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