Nazarbayev University (NU) is an autonomous research university in Astana, the capital of Kazakhstan. Founded as a result of the initiative of the President of Kazakhstan, Nursultan Nazarbayev in 2010, it is an English-medium institution, with an international faculty and staff. The acceptance rate for undergraduate programs is 1:8.5. All undergraduate students attend free of charge, and students in good standing receive a stipend. The faculty-to-student class ratio is 1:9.