Until the spring of 1971, the university granted graduate theological degrees as well as undergraduate degrees. In the same year, the Faculty of Divinity was moved to Pine Hill, where it was formally amalgamated into the Atlantic School of Theology, an ecumenical venture with the United Church of Canada and the Roman Catholic Church. While this new institution now grants its own degrees, King's holds in abeyance its rights to grant divinity credentials and still continues to grant annual honorary degrees.