When political change happened in Hungary in 1990, the name of the faculty was changed to Pázmány Péter Roman Catholic Theological Academy as an independent university. It became a basis for the new Catholic university of Budapest which has today five flourishing faculties and one institute with faculty rights (i.e. Canon Law Institute). Every educational program of this ancient Theological Faculty of the Pázmány Péter Catholic University has received official state accreditation by the Hungarian Higher Educational Accreditation Committee, which has already accredited the entire university, including the Faculty of Theology, twice, most recently in 2010.