The University of Iowa (also known as UI, or simply Iowa) is a flagship public research university located in Iowa City, Iowa. Founded in 1847, Iowa is the oldest university in the state and it is considered a Public Ivy. The university is organized into eleven colleges offering more than 100 areas of study and seven professional degrees.
The Iowa campus spans 1,900 acres centered along the banks of the Iowa River and includes the University of Iowa Hospitals and Clinics, named one of "America?s Best Hospitals" for the 23rd year in a row. The university was the original developer of the Master of Fine Arts degree and it operates the world-renowned Iowa Writers? Workshop. Iowa has very high research activity, and is a member of several research coalitions, including the American Association of Universities, the Universities Research Association, and the Committee on Institutional Cooperation. The Iowa alumni network exceeds 250,000, and the university budgeted revenues and expenses of $3.167 billion for 2013.