The University of South Carolina Upstate (USC Upstate) is a public university in Valley Falls, South Carolina, near Spartanburg and with a Spartanburg postal address. Founded in 1967 and formerly known as University of South Carolina Spartanburg, the institution changed its name in the summer of 2004. It offers bachelor's and master's degrees for students in the Upstate and surrounding areas. It is part of the University of South Carolina System and home to approximately 6,000 students and 340 full-time faculty. It is accredited by the Southern Association of Colleges and Schools.