The University of Chile (Spanish: Universidad de Chile) is the largest and oldest institution of higher education in Chile and one of the oldest in the Americas. Founded in 1842 as the replacement and continuation of the former colonial Royal University of San Felipe (1738) (Spanish: Real Universidad de San Felipe), the university is often called Casa de Bello (House of Bello) in honor of its first president,Andrés Bello. Notable alumni include two Nobel laureates (Pablo Neruda and Gabriela Mistral) and twenty heads of state among many others.

http://en.wikipedia.org/wiki/University_of_Chile