Founded in 1855, Penn State University is spread across 24 campuses, with its central administrative and research location on the University Park campus. The Pennsylvania State University (commonly known as Penn State) is a state-related, land-grant, space grant public research university located in the University Park area and within State College and College Township in Pennsylvania, United States. The University has 24 campuses throughout the state of Pennsylvania, including a virtual World Campus, with University Park being its largest campus. Penn State University Park (commonly referred to as the "Main Campus") is ranked in the top 15 nationally for public universities and is a Public Ivy. The enrollment at the Penn State University Park campus is 43,252 with a total enrollment of over 84,000 across its 24 campuses, placing it among the ten largest public universities in the United States. Penn State offers more than 160 majors and administers a $1.6 billion (USD) endowment(systemwide). Penn Stateâ??s multicampus system offers more than 160 majors and 1,200 clubs and organizations across our 20 undergraduate campuses.