McDaniel College is a private four-year liberal arts college in Westminster, Maryland, located 30 miles (50 km) northwest of Baltimore. The college also has a satellite campus located in Budapest, Hungary. Until July 2002, it was known as Western Maryland College. As of July 2002 the school has been renamed McDaniel College in honor of an alumnus who gave a lifetime of service to the college. McDaniel College is accredited by the Commission on Higher Education of the Middle States Association of Colleges and Schools. It also has special accreditations for its Chemistry, Social Work and Teacher Education programs. These accreditations are special and highly selective societies to gain membership in. McDaniel is also a member of the Phi Beta Kappa Honor society to which only 4.8% of United States colleges or universities belong. McDaniel College is one of 40 colleges profiled in the book Colleges That Change Lives by Loren Pope. The college was founded in 1867 as Western Maryland College, and was named for the Western Maryland Railroad because the college's first Board chairman, John Smith of Wakefield, was also the president of the railroad.