Austral University of Chile (Spanish: Universidad Austral de Chile or UACh) is a Chilean research university based primarily in Valdivia, with a satellite campus in Puerto Montt. Founded on September 7, 1954, it is one of the eight original Chilean Traditional Universities. It operates as a nonprofit self-owned corporation under private law, and receives significant state-funding. History Foundation and early years (1942-1968) In 1942, the Sociedad de Amigos del Arte (Society of friends of art)…