non-profit university

A non-profit university is an institution that prioritizes educational and community goals over profit. Any income generated, such as tuition or donations, is reinvested into the school's programs, facilities, and student support rather than distributed to owners or shareholders. These universities often focus on research, academics, and improving access to higher education. They typically rely on government grants, donations, and endowments to fund their operations. Because of their non-profit status, they may offer lower tuition and have a mission centered on public service and advancing knowledge, rather than maximizing financial returns.