History
Universidad San Francisco de Quito USFQ was founded in 1988 by the Corporación de Promoción Universitaria, its umbrella non-profit foundation. It was the first totally private self-financed university in Ecuador. It was named after the city of Quito: San Francisco de Quito (not after the saint), in response to the need of a private higher-education institution in Ecuador. It was recognized by the Ministry of Education and Culture of Ecuador in October 1995 and accredited by CONESUP in May 2001.
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