Yale Universty was named for Elihu Yale, an East India trader and a generous donor. The school was founded in 1701 as the Collegiate School in the home of Abraham Pierson, its first rector, in Killingworth
. In 1716 the school moved to New Haven and was renamed Yale College in 1718. In 1887 it became Yale University.
Yale has maintained its position among the prestigious Ivy League colleges of the East Coast. It is a large (300-acre campus) research university with a wide array of programs, departments, schools, centers, museums, and affiliated organizations. Yale's $10-billion endowment in 2001 was a five-fold increase over the past decade.
Total enrollment exceeds 11,000; graduate students slightly outnumber undergraduates; male and female about equal. Enrolled freshmen SAT score range: (Verbal) 680-780, (Math) 690-780.