The University of the South is a small liberal arts college and the only institution of higher education in the nation owned by the dioceses of the Episcopal Church. It offers more than 37 majors, 43 minors, and 15 special programs. Some of the most popular majors at the school are economics, psychology and english. The university also has a partnership with Yale that allows students to spend a semester doing directed research. Sewanee has over 200 endowed scholarship programs and provides students with the opportunity to spread out their payments through a Ten-Month Payment Plan.