Leland Stanford and his wife Jane Lathrop Stanford established the Stanford University in 1885. The couple founded the university in the loving memory of their only child Jane Lathrop Stanford, who died in 1884 from typhoid fever. The child was only 15 years old before his death. Situated in Stanford, California, this is a private research university, and one of the world’s most prestigious institutions with the highest undergraduate selectivity and top position in numerous surveys and measures in the US.
Leland Stanford was a former governor and senator from California. He founded the university as coeducational and non-denominational institution. The university was free until 1920. After the demise of the founder and the earthquake, the institution struggled financially in 1906. 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. By 1970, Stanford was home to a linear accelerator, and was on f the original four ARPANET nodes, precursor to the Internet.
Situated in northern Silicon Valley near Palo Alto, California, the University’s academic departments are organized into seven schools, with several other holding, such as laboratories and nature reserves, located outside the main campus. It has an area of 8180 acre and it is one of the largest in the United States. This is the first school to raise more than a billion dollars in year, becoming the top fundraising institution. The nominal cost of attendance is high, but the university’s large endowment allows it to offer generous financial aid packages, announcing in 2015 that students with annual family incomes of under $ 125,000 are expected to pay no tuition.
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