Financial Information of Universities Survey (FINUNI)

Expenditures of learning institution, 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.

Learning institution refers to an established organization having education as a primary purpose. It provides classes on a variety of subjects leading to the issuing of some certification of successful completion of a learning program.

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

• Type of expenditures of University and college