Funded in 1891, Stanford University is one of the most prestigious colleges not only in the United States, but in the world. It is known as the college of entrepreneurs, having alumni and professors that have funded enterprises like Google, Yahoo and Nike. Stanford has approximately 17 thousand students, about 24% of them foreigners. With an acceptance rate of 4,3%, Stanford is one of the hardest colleges to get accepted into. The college offers athletic scholarships for NCAA Division I, NCAA Division II, NAIA and NJCAA. On average, 34% of all student-athletes receive athletic scholarships.