The University of Valencia (Valencian: Universitat de València [univeɾsiˈtad de vaˈlensia]; also known by the acronym UV) is a university located in the Spanish city of Valencia. It is one of the oldest surviving universities in Spain, and the oldest in the Valencian Community, and is regarded as one of Spain's leading academic institutions. The University was founded in 1499, and currently has around 55,000 students. Most of the courses are given through the medium of Spanish, but the university has promised to increase the amount of courses available in Valencian.