Iowa Agricultural College and Model Farm (now Iowa State University) was officially established on March 22, 1858, by the legislature of the State of Iowa. Story County was selected as a site on June 21, 1859, and the original farm of 648 acres was purchased for a cost of $5,379. The Farm House, the first building on the Iowa State campus, was completed in 1861, and in 1862, the Iowa legislature voted to accept the provision of the Morrill Act, which was awarded to the agricultural college in 1864. Iowa Agricultural College (Iowa State College of Agricultural and Mechanic Arts as of 1898), as a land grant institution, focused on the ideals that higher education should be accessible to all and that the university should teach liberal and practical subjects. These ideals are integral to the land-grant university.