Financial Information of Universities Survey (FINUNI)

Funds of learning institution, category

Funds refers to an accounting entity with self-balancing set of accounts for recording assets, liabilities, a fund balance, and change in fund balance. Funds have been identified as either unrestricted or restricted. Restricted funds, other than endowment, account for resources that may be used for current purposes, but with some limitations imposed by external or internal sources.

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 funds for universities or colleges expenditures