fifty percent for students whose secondary (high school) education was entirely in a public-funded school. Public universities also have racial quotas, usually restricted to students from public high schools. Some universities give extra points on their admission tests instead of using a quota system. For example, at the Federal University of Minas Gerais, public high school students are granted a 10% bonus over their test grade, and public school students who declare themselves black or pardo (mixed-race) receive a 15% bonus. Public universities are responsible for granting nearly all the graduate degrees in Brazil, including doctorates and masters which are called doutorado and mestrado, respectively. Professors at public universities are public servants, tenured and hired through public application, with international research publications being a significant criterion. A public university professor's teaching load is usually modest and leaves time for research. As a result, public university graduate programs are the primary source of Brazilian academic research. In contrast, most private institutions are for-profit enterprises that hire teachers on an hourly basis and conduct comparatively little research; notable exceptions are a few private but non-profit universities affiliated with religious organizations, such as the Mackenzie Presbyterian University of São Paulo and the Pontifical Catholic University of Rio de Janeiro. Chile In Chile, state-run universities are less expensive than private ones but are not tuition-free. Chile spends only four percent of its GDP on education, compared to the 7% recommended by the United Nations for developed nations. As a result, students and their families must cover 75 percent of tuition costs for attending both public and private universities. The most prestigious universities are the state-run Universidad de Chile and the private with state funding Pontificia Universidad Católica de Chile, Universidad de Concepción, and Universidad Técnica Federico Santa María. The Universidad de Chile is the country's leading research institution. Peru Historically, many of the prestigious universities in Peru have been public, including the National University of San Marcos. Founded in May 1551, it is the top university in Peru and the oldest university in the Americas. To be admitted into one of the national public universities, students much have a high score on the admission test. In 2002, the most prestigious public universities joined and created the Strategic Alliance of Peruvian Universities, including National University of San Marcos, La Molina - National Agrarian University, National University of Engineering, Federico Villarreal University, and the National University