Over 3000 students are enrolled in graduate programs of which 68 are graduate certificate programs, 34 masters and 5 PhDs. The University has 930 faculty members, out of which 81 percent hold a Master´s or a PhD. In research EAFIT has 38 research groups recognized by Colciencias, the Colombian authority in Sciencie, Technology and Innovation with 7 million US dollars assigned in 2010. The Colombian government in 2010 renewed EAFIT’s High Quality Accreditation through 2018, a recognition granted to institutions that voluntarily submit each of their academic, research and administrative processes to public review.