2 We, on our part, have not delayed to fulfill your desires and have entrusted the constitutions of your University to a committee of cardinals selected from the sacred Christian council, the Propaganda, for examination and evaluation. Now with their decision before us, we happily assent to your requests and with this present letter approve by our authority the laws and statutes of your University and endow it with the rights proper to a lawfully constituted University. We likewise empower your school of higher studies to confer all academic degrees upon those students whose learning has been tested and approved, and also graduate degrees in philosophy, theology and canon law and in those other departments in which the different degrees and doctorates are usually conferred, whenever those faculties will have been established.
Source: Magni Nobis (Vatican.va)