Motto: Civium in moribus rei publicae salus (Latin: "The welfare of the state depends upon the morals of its citizens") Established: 1853 Type: Public Endowment: US$1.219 billion[1] President: Bernie Machen Faculty: 4,534[2] Undergraduates: 34,612 Postgraduates: 15,081 Location: Gainesville, Florida, United States Campus: 2,000 acres (8.09 km²) Colors: Orange and royal blue            Nickname: Florida Gators Mascot: Albert and Alberta Website: http://www.ufl.edu The University of Florida (Florida or UF) is a flagship public land-grant, sea grant[3] major research university located on a 2,000 acre campus in Gainesville, Florida, in the United States. The university is one of 62 elected members of the Association of American Universities.[4] The University of Florida was founded in 1853,[5] and is a Public Ivy.[6] The University of Florida is the second-largest university in the United States, with 51,913 students as of fall 2007. It is the largest comprehensive university in the state of Florida and has one of the largest budgets in the United States nearly $4.377 billion per year.[7] UF is home to 17 colleges and more than 150 research centers and institutes. As of the 2007-2008 academic year, UF ranked twelfth among all institutions in the number of new National Merit Scholar students enrolled.[8] Researchers at the University of Florida developed the famous sports drink Gatorade.[9] The University of Florida offers many graduate programs—including engineering, law and medicine—on one contiguous site, and coordinates 123 master's degree programs and 76 doctoral degree programs in 87 schools and departments.[10] The University of Florida NCAA Division I athletic teams, referred to as the Florida Gators, compete in Southeastern Conference. Alligators named Albert and Alberta are the official mascots. Throughout the school's history, the University of Florida's athletic program has earned 27 total National Championships.