peer institutions

Peer institutions are organizations or entities that are similar in size, mission, and scope, making them comparable for evaluation or collaboration purposes. For example, in higher education, they are other colleges or universities with similar characteristics used for benchmarking performance, sharing best practices, or fostering partnerships. Essentially, they serve as reference points, enabling organizations to assess their own performance relative to similar peers, identify areas for improvement, and ensure that standards and strategies align with their comparable counterparts.