The very famous Stanford University is a private research university with a high output, located in Stanford, California. Simply, if anyone gets into Stanford, she/he takes it blindly, as the acceptance rate is a mere 4.8% and financial aids are among the most generous ones. To get an idea of exactly how competitive Stanford is, you don’t have to look further than the long list of prominent companies founded by Stanford alumni- Google, Hewlett-Packard, LinkedIn, Yahoo, and Sun Microsystems. And that’s not even one tenth of the list. Also, it ranks #3 according to U.S. News' 'Best Global Universities Ranking' list.