master's degree, Hyman George Rickover, working with the Navy's Bureau of Ships, directed the development of the world's first nuclear-powered submarine, the Nautilus, which was launched in 1954. The school's first woman graduate received her degree in 1945. After a substantial grant of $26 million from Chinese businessman Z. Y. Fu, the engineering school was renamed again in 1997. The new name, as it is known today is the Fu Foundation School of Engineering and Applied Science. SEAS continues to be a teaching and research institution, now with a large endowment of over $400 million, and sits under the Columbia umbrella endowment of $7.2 billion. Admissions The admissions rate for the SEAS undergraduate class of 2018 was approximately 7%. Approximately 95% of accepted students were in the top 10% of their graduating class; 99% were in the top 20% of their class. 58% of admitted students attended high schools that do not rank. The yield rate for the class of 2014 was 59%. As for SAT scores, SEAS students within the Columbia University community have raised the composite SAT statistic for the undergraduates at Columbia University. The Class of 2013's SAT interquartile range was 2060–2320 and 1400–1560 (old SAT). The ACT composite interquartile range was 32–34. Those accepting enrollment at Columbia SEAS typically completed engineering programs at the undergraduate level and are pursuing professional graduate school in engineering, business, law, or medical school, so as to become what Columbia terms "engineering leaders." Engineering leaders are those who pioneer or define engineering: patent lawyers, doctors with specialties in biophysical engineering, financial engineers, inventors, etc. Columbia Engineering's graduate programs have an overall acceptance rate of 28.0% in 2010. The PhD student–faculty ratio at the graduate level is 4.2:1 according to the 2008 data compiled by U.S. News & World Report. PhD acceptance rate was 12% in 2010. Academics Rankings Columbia's School of Engineering and Applied Science is one of the top engineering schools in the United States and the world. As of April 2022, it is ranked 13th among the best engineering schools by U.S. News & World Report, and first within the Ivy League, tied with Cornell University. Its undergraduate engineering program is ranked 21st in the country, according to U.S. News. In 2010, the US National Research Council revealed its new analyses and rankings of American university doctoral programs since 1995. Columbia Engineering ranked 10th in biomedical engineering, 18th in