USF in Tampa is the main location of the University of South Florida and a member of the USF System, comprised of USF, USF St. Petersburg and USF Sarasota-Manatee. The three member institutions are separately accredited by the Commission on Colleges of the Southern Association of Colleges and Schools, and together have an annual budget of $1.5 billion and an annual economic impact of $4.4 billion. The USF System is governed by the 13-member USF Board of Trustees. Dr. Judy Genshaft is Chief Executive Officer of the USF System and President of the University of South Florida.
At USF, over 30,400 undergraduates, more than 8,700 graduates, over 600 Doctor of Medicine candidates and more than 1,500 non-degree-seeking students make up the total campus enrollment of over 41,000. The students are a diverse group, coming from every state, every U.S. territory and more than 150 countries around the world. International students make up six percent of the total student population.
Students at USF are high academic achievers. New freshmen for the Fall 2013 semester had an average high school GPA of 4.0, an average SAT score of 1200, and average ACT score of 27. Over fifty percent of new freshmen graduated in the top 20 percent of their class, and 86 percent are Bright Futures Scholarship recipients. Seven students in the 2013 freshman class are National Merit Scholars, five are National Achievement Scholars and eight are National Hispanic Scholars.
The university's faculty are world-class scholars. Instructional faculty at USF number more than 1,500. Eighty-five percent of full-time faculty hold terminal degrees in their field. The university has 50 endowed chairs and 30 endowed professorships.