KU Leuven boasts a rich tradition of education and research that dates back six centuries. The university’s basic research orientation has always been and will remain fundamental research. At the same time, the university remains vigilantly open to contemporary cultural, economic and industrial realities, as well as to the community’s needs and expectations. KU Leuven is currently by far the largest university in Belgium in terms of research funding and expenditure (EUR 455.1 million in 2015), and is a charter member of LERU.