Yale College was founded in 1701 to train ministers; after the Civil War it became the first university in the United States to award a Ph. D. degree. The University was given its name to honor benefactor Elihu Yale, who donated a substantial amount of goods for sale and books during the early years of the institution, which was then named the Collegiate School. It is a member of the [[Ivy League]], and, with Harvard and [[Princeton University|Princeton]], part of the group known as the Big Three or HYP, which are associated both with academic excellence and with social prestige. | Yale College was founded in 1701 to train ministers; after the Civil War it became the first university in the United States to award a Ph. D. degree. The University was given its name to honor benefactor Elihu Yale, who donated a substantial amount of goods for sale and books during the early years of the institution, which was then named the Collegiate School. It is a member of the [[Ivy League]], and, with Harvard and [[Princeton University|Princeton]], part of the group known as the Big Three or HYP, which are associated both with academic excellence and with social prestige. |