Glossary - P

Postsecondary education
The provision of a formal instructional program whose curriculum is designed primarily for students beyond the compulsory age for high school. This includes programs whose purpose is academic, vocational and continuing professional education, and excludes avocational and adult basic education programs.
Postsecondary education institution
An institution which has as its sole purpose, or one of its primary missions, the provision of postsecondary education. Postsecondary education is the provision of a formal instructional program whose curriculum is designed primarily for students beyond the compulsory age for high school. This includes programs whose purpose is academic, vocational and continuing professional education, and excludes avocational and adult basic education programs.
Private for-profit institution
A private institution in which the individual(s) or agency in control receives compensation other than wages, rent, or expenses for the assumption of risk.
Private institution
An educational institution controlled by a private individual(s) or by a nongovernmental agency, usually supported primarily by other than public funds, and operated by other than publicly elected or appointed officials. These institutions may be either for-profit or not-for-profit.
Private not-for-profit institution
A private institution in which the individual(s) or agency in control receives no compensation, other than wages, rent, or other expenses for the assumption of risk. These include both independent not-for-profit schools and those affiliated with a religious organization.
Property damage
The estimated value of the loss of the structure and contents, in terms (name, value) of the cost of replacement in like kind and quantity. This estimate should include contents damaged by fire, and related damages caused by smoke, water, and overhaul however, it does not include indirect loss, such as business interruption.
Public institution
An educational institution whose programs and activities are operated by publicly elected or appointed school officials and which is supported primarily by public funds.
Public property
All public property, including thoroughfares, streets, sidewalks, and parking facilities, that is within the campus, or immediately adjacent to and accessible from the campus.