The University of Cyprus (UCY) was established in 1989 and accepted its first students in 1992. UCY has a significant involvement in the implementation of European grants. In the last report of the European research ranking for 2010, University of Cyprus was No 1 Cyprus research institute in the number of FP7 grants received. Currently is implementing 98 programmes funded by European and international funding, including three frontier research grants of ERC and another 231 programmes funded by the National Research Promotion Foundation.
UCY runs three Jean Monnet Chairs and a Jean Monnet Centre of Excellence, as a proof of its dedication in European integration teaching. It is a participating university to the European Inter University Centre for Human Rights and Democratisation, Venice. It also has an UNESCO Chair for Equality and Gender Empowerment. UCY is also member to many European and International Networks and Associations, namely: EUA, IAU, UNICA, ACU, Santander Group, AEUA, UNIMED, EAEC etc. In 2010 the first Nobel Prize winner, Prof. Pissarides Christoforos has also joined the academic community of University of Cyprus.