a new teaching hospital in coordination with Boca Raton Community Hospital on the main campus. Following successive budgets deficits in 2007, the hospital delayed its participation indefinitely. However, Florida Atlantic later established its own College of Medicine in 2010. The Harbor Branch Oceanographic Institution (HBOI) also joined the university in 2007, creating Florida Atlantic's seventh campus. To bring HBOI into the university family the Florida Legislature allocated $44 million to Florida Atlantic to acquire the institution. Florida Atlantic has changed dramatically since its opening in 1964. There are now more than 30,000 students attending classes on seven campuses spread across 120 miles (193 km). The university consists of ten colleges and employs more than 3,200 faculty and staff. As of 2020, the university's endowment has increased to over $240 million. Since its founding, the university has been led by seven presidents. The university's immediate past president is Mary Jane Saunders. She was named president on March 3, 2010, then resigned on May 15, 2013. Her appointment followed the resignation of Frank Brogan. Brogan, a former Lieutenant Governor of Florida, left the university in late 2009 to become Chancellor of the State University System of Florida. Past university presidents also included Anthony J. Catanese, Helen Popovich, Glenwood Creech, and Kenneth Rast Williams. On January 17, 2014, the Board of Trustees announced the selection of John W. Kelly, formerly a vice president of Clemson University, to be the seventh president of the university with a starting date of March 1, 2014. Academics As of 2021, the university's student body consists of 24,663 undergraduates, 3,380 graduate students, 440 doctoral students, and 254 medical students. In 2021, the undergraduate student body consisted 61% ethnic minorities and includes students from more than 180 countries. Florida Atlantic has long ranked as the most racially, ethnically and culturally diverse institution in Florida's State University System. U.S. News & World Report has ranked FAU the 27th most diverse university in the nation. For the incoming freshman class of fall 2021, the acceptance rate was 60%. The university has ten colleges which altogether offer over 180 different bachelor's, master's and doctoral degree programs: the Charles E. Schmidt College of Science, Charles E. Schmidt College of Medicine, Christine E. Lynn College of Nursing, College of Social Work and Criminal Justice, College of Business, College of Education, College of Engineering and Computer Science, Dorothy F. Schmidt College of Arts and Letters,