Financial Information of Community Colleges and Vocational Schools (FINCOL)

Expenditures of college, category

Expenditure refers to the values of the amounts that buyers pay, or agree to pay, to sellers in exchange for goods or services that sellers provide to them or to other institutional units designated by the buyers. The buyer incurring the liability to pay need not be the same unit that takes possession of the good or service. It is common for government units or non-profit institutions serving households to pay for goods or services that the sellers provide to households.

College refers to community colleges, CEGEPs (collège d'enseignement général et professionnel or college of general and vocational education in Quebec), technical institutes, hospital and regional schools of nursing, radiography, medical technology and health records, as well as establishments providing technological training in specialized fields.

The data for this variable are reported using the following classifications and/or lists:

• Type of expenditures of University and college