He borrowed and spent money without circumspection. A significant patron of the arts, upon election Leo is alleged to have said, "Since God has given us the papacy, let us enjoy it." Under his reign, progress was made on the rebuilding of St. Peter's Basilica and artists such as Raphael decorated the Vatican rooms. Leo also reorganised the Roman University, and promoted the study of literature, poetry and antiquities. He died in 1521 and is buried in Santa Maria sopra Minerva, Rome. He was the last pope not to have been in priestly orders at the time of his election to the papacy.