The University of Nevada, Reno, is a public research university that is committed to the promise of future powered by knowledge. Nevada's land-grant university was founded in 1874, and has 21,000 students. The University is a comprehensive, doctoral university, classified as an R1 institution with very high research activity by the Carnegie Classification of Institutions of Higher Education and earned the Carnegie Community Engagement classification. More than $800 million in advanced labs, residence halls and facilities has been invested on campus since 2009. It is home to the University of Nevada, Reno School of Medicine and maintains a statewide outreach mission and presence through programs such as the University of Nevada Cooperative Extension. The University is ranked in the top tier of national Universities by U.S. News & World Report and in the top tier of the WSJ/Times Higher Education World University Rankings.