The University of Malta is the highest teaching institution in Malta. It is publicly funded and is open to all those who have the requisite qualifications. Over the past few years, the University has reviewed its structures in order to be in line with the Bologna Process and the European Higher Education Area. Conscious of its public role, the University strives to create courses which are relevant and timely in response to the needs of the country. The supreme governing bodies of the University are the Council and the Senate. There are some 11,000 students including over 600 international students from 80 different countries, following full-time or part-time degree and diploma courses, many of them run on the modular or credit system. The University regularly hosts a large number of Erasmus and other exchange students.