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Mar 28, 2014 10:41 AM EDT

Princeton University in New Jersey recorded its most selective admissions this year than any other year in the school's history, The Star-Ledger reported.

The Ivy League school offered admission 1,939 students, only 7.28 percent of the near-record 26,641 applicants for the Class of 2018. According to school officials, this may be the most selective admission process in the University's history, The Star-Ledger reported. This compares with Princeton's admission rate of a record-low 7.29 percent last year.

"We have admitted students this year who are extraordinary in every way," Dean of Admission Janet Lavin Rapelye said in a statement. "They are accomplished both in and out of the classroom, and diverse in their backgrounds, talents and perspectives."

She added that many of the selected students have distinguished themselves in the arts, in academic research, in leadership roles and in service to their communities.

"We know they will add to the rich intellectual and social environment that makes Princeton the very special place that it is," Rapelye said.

The class size is expected to be 1,308 students for the Class of 2018. This class size is slightly larger than the previously reported estimate of 1,290 because the University has determined it has more capacity for the next academic year.

The University's applicant pool this year is among the largest in the University's history. During the past 10 years, Princeton has seen a 94.5 percent increase in applications.

"It is important to note that the pool continues to impress us not only in size, but in exceptionality," Rapelye said.

She added that the task of choosing among "such a talented group" is equal parts humbling and rewarding.

"As I have said in the past, we could have filled our class five or six times over with qualified candidates, which is a testament to all of the students whose applications we reviewed and to the educators here and abroad who brought them to our doorstep," Rapelye said.

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