The University of Delaware (colloquially "UD") is the largest university in Delaware. The main campus is in Newark, with satellite campuses in Dover, Wilmington, Lewes, and Georgetown. It is medium-sized – approximately 16,000 undergraduate and 3,500 graduate students. UD is a private university and receives public funding for being a land-grant, sea-grant, space-grant and urban-grant state-supported research institution. As of 2014, the school's endowment is valued at about US$1.31 billion.