Glossary - A

Academic and institutional support, and student services
Sum of expenses for academic support, student services, and institutional support. Academic support – Includes expenses for support services that are an integral part of the institution’s primary mission of instruction, research, or public service and that are not charged directly to these primary programs. Included are expenses for libraries, museums, galleries, audio/visual services, academic development, academic computing support, course and curriculum development, and academic administration. Include expenses for medical, veterinary and dental clinics if their primary purpose is to support the institutional program, that is, they are not part of a hospital. Student services - Includes expenses for admissions, registrar activities and activities whose primary purpose is to contribute to students emotional and physical well-being and to their intellectual, cultural and social development outside the context of the formal instructional program. Examples are career guidance, counseling, financial aid administration, student records, athletics, and student health services, except when operated as a self-supporting auxiliary enterprise. Institutional support – Includes all expenses for the day-to-day operational support of the institution. Include expenses for general administrative services, executive direction and planning, legal and fiscal operations, administrative computing support, and public relations/development.
Academic support - All other
Academic support - all other is the sum of expenses not included in salaries and wages, benefits, or depreciation that are associated with activities and services that support the institution''s primary missions of instruction, research, and public service.
Academic support - Current year total
Academic support - total expenses is the sum of all operating expenses associated with activities and services that support the institution''s primary missions of instruction, research, and public service.
Academic support - Depreciation
Academic support - depreciation is the allocation or distribution of the cost of capital assets, less any salvage value, to expenses over the estimated useful life of the asset in a systematic and rational manner for those assets associated with activities and services that support the institution''s primary missions of instruction, research, and public service.
Academic support - Employee fringe benefits
Academic support - benefits are payments made to an individual over and above that received in the form of a salary or wage, such as for insurance or retirement benefits, associated with activities and services that support the institution''s primary missions of instruction, research, and public service.
Academic support - Interest
Academic support - Interest is the amount incurred on debt allocated to academic support. Academic support - total expenses is the sum of all operating expenses associated with activities and services that support the institution''s primary missions of instruction, research, and public service.
Academic support - Operations and maintenance of plant
Operations and maintenance of plant expenses is the sum of all operating expenses associated with operations established to provide service and maintenance related to campus grounds and facilities used for educational and general purposes. Academic support - total expenses is the sum of all operating expenses associated with activities and services that support the institution''s primary missions of instruction, research, and public service.
Academic support - Salaries and wages
Academic support - salaries and wages are amounts paid as compensation for services to all employees - faculty, staff, part time, full time, regular employees, and student employees of activities and services that support the institution''s primary missions of instruction, research, and public service.
Accreditation
Accreditation is the recognition that an institution maintains standards requisite for its graduates to gain admission to other reputable institutions of higher learning or to achieve credentials for professional practice. The goal of accreditation is to ensure that education provided by institutions of higher education meets acceptable levels of quality.
Accredited
Institutions and/or programs that request an agency''s evaluation and that meet an agency''s criteria are then "accredited" by that agency
Accrediting agencies
Organizations (or bodies) that establish operating standards for educational or professional institutions and programs , determine the extent to which the standards are met, and publicly announce their findings.
Accumulated depreciation
Accumulated depreciation The total depreciation charged as expenses as of the reporting date (in the current year and in prior years) on the capital assets of the institution. FASB Statement No. 117 and GASB Statement No. 34 require that accumulated depreciation to date be recognized. NOTE: When a capital asset is removed from the accounting records due to disposal or end of the asset''s useful life, the depreciation accumulated through the years on the asset is also removed from the records.
Accumulated depreciation - Ending balance
Ending balance of accumulated depreciation is total depreciation charged as expenses to date (in the current year and in prior years) on the capital assets of the institution
Additions to permanent endowments
Additions to permanent endowments are gifts or other additions to endowments that are permanently nonexpendable.
Adjustments to beginning net assets
Adjustments to beginning net assets are unusual and infrequent adjustments that are not recorded as current year revenues, expenses, gains, or losses. This includes adjustments for retroactive applications of changes in accounting principles and prior period adjustments. This line on the IPEDS survey is an automatic balancing line.
Adjustments to beginning net equity
Adjustments to beginning net equity is any unrealized gains (losses) on investments and any other adjustments to beginning net equity not reported elsewhere. This includes adjustments for retroactive application of changes in accounting principle and prior period adjustments.
Adjustments to beginning of year net assets
Adjustments to beginning net assets are any adjustments to these asset balances reported in general purpose financial statements. This includes adjustments for retroactive application of changes in accounting principle and prior period adjustments.
All other expenses
All other expenses not included in the above categories
Allowances applied to auxiliary enterprise revenues
Allowance applied to auxiliary enterprise revenues is the portion of total student aid that is applied to auxiliary enterprise revenues. This amount plus sales and services of auxiliary enterprise (net) revenues equals gross auxiliary enterprise revenue.
Allowances applied to auxiliary enterprise revenues
Allowance applied to auxiliary enterprise revenues is the portion of total student aid that is applied to auxiliary enterprise revenues. This amount plus sales and services of auxiliary enterprise (net) revenues equals gross auxiliary enterprise revenue.
Allowances applied to tuition and fees
Allowance applied to tuition and fees is the portion of total student aid that is applied to tuition and fees. This amount plus tuition and fees revenues equals gross tuition and fee revenues.
Allowances applied to tuition and fees
Allowance applied to tuition and fees is the portion of total student aid that is applied to tuition and fees. This amount plus tuition and fees revenues equals gross tuiton and fee revenues.
Auxiliary enterprises
Auxiliary enterprises are expenses for essentially self-supporting operations of the institution that exist to furnish a service to students, faculty, or staff, and that charge a fee that is directly related to, although not necessarily equal to, the cost of the service. Examples are residence halls, food services, student health services, intercollegiate athletics (only if essentially self-supporting), college unions, college stores, faculty and staff parking, and faculty housing. Also included are depreciation related to auxiliary enterprises (if separately assigned by the institution). FASB institutions also charge or allocate interest expense to auxiliary enterprises.
Auxiliary enterprises - Interest
Auxiliary enterprises - Interest is the amount incurred on debt allocated to auxiliary enterprises. Auxiliary enterprises - total expenses is the sum of all operating expenses associated with essentially self-supporting operations of the institution that that charge a fee that is directly related to, although not necessarily equal to, the cost of the service. Examples are residence halls, food services, student health services, intercollegiate athletics (only if essentially self-supporting), college unions, college stores, faculty and staff parking, and faculty housing.
Auxiliary enterprises - Operations and maintenance of plant
Operations and maintenance of plant expenses is the sum of all operating expenses associated with operations established to provide service and maintenance related to campus grounds and facilities used for educational and general purposes. Auxiliary enterprises - total expenses is the sum of all operating expenses associated with essentially self-supporting operations of the institution that that charge a fee that is directly related to, although not necessarily equal to, the cost of the service. Examples are residence halls, food services, student health services, intercollegiate athletics (only if essentially self-supporting), college unions, college stores, faculty and staff parking, and faculty housing.
Auxiliary enterprises -- All other
Auxiliary enterprises - all other is the sum of expenses not included in salaries and wages, benefits, or depreciation that are associated with essentially self-supporting operations of the institution that exist to furnish a service to students, faculty, or staff, and that charge a fee that is directly related to, although not necessarily equal to, the cost of the service. Examples are residence halls, food services, student health services, intercollegiate athletics (only if essentially self-supporting), college unions, college stores, faculty and staff parking, and faculty housing.
Auxiliary enterprises -- Current year total
Auxiliary enterprises - total expenses is the sum of all operating expenses associated with essentially self-supporting operations of the institution that exist to furnish a service to students, faculty, or staff, and that charge a fee that is directly related to, although not necessarily equal to, the cost of the service. Examples are residence halls, food services, student health services, intercollegiate athletics (only if essentially self-supporting), college unions, college stores, faculty and staff parking, and faculty housing.
Auxiliary enterprises -- Depreciation
Auxiliary enterprises - depreciation is the allocation or distribution of the cost of capital assets, less any salvage value, to expenses over the estimated useful life of the asset in a systematic and rational manner for those assets associated with essentially self-supporting operations of the institution that exist to furnish a service to students, faculty, or staff, and that charge a fee that is directly related to, although not necessarily equal to, the cost of the service. Examples are residence halls, food services, student health services, intercollegiate athletics (only if essentially self-supporting), college unions, college stores, faculty and staff parking, and faculty housing.
Auxiliary enterprises -- Employee fringe benefits
Auxiliary enterprises - benefits are payments made to an individual over and above that received in the form of a salary or wage, such as for insurance or retirement benefits, associated with essentially self-supporting operations of the institution that exist to furnish a service to students, faculty, or staff, and that charge a fee that is directly related to, although not necessarily equal to, the cost of the service. Examples are residence halls, food services, student health services, intercollegiate athletics (only if essentially self- supporting), college unions, college stores, faculty and staff parking, and faculty housing.
Auxiliary enterprises -- Salaries and wages
Auxiliary enterprises - salaries and wages are amounts paid as compensation for services to all employees - faculty, staff, part time, full time, regular employees, and student employees of essentially self-supporting operations of the institution that exist to furnish a service to students, faculty, or staff, and that charge a fee that is directly related to, although not necessarily equal to, the cost of the service. Examples are residence halls, food services, student health services, intercollegiate athletics (only if essentially self- supporting), college unions, college stores, faculty and staff parking, and faculty housing.