Founded in 1937 (88 years ago) (1937),[2] Mizpa is the oldest Pentecostal theological school in Puerto Rico.
In 1956, Lugo move the institute to the barrio Caimito in Rio Piedras, its current location.
In February 2001, received the status "Initial Accreditation" from the Association for Biblical Higher Education (ABHE).
Mizpa offers certificate programs in 20 centers across the island Mizpa offer courses in professional improvement to all pastors who are promoted by the Church of God Pentecostal, M. I. in Puerto Rico.
At the San Juan campus, students have the opportunity to receive Pell Grants and federal aid via Title IV program.