Peer Definitions

Top Metrics

Measurement: Endowment Value
Definition: Gross investments of endowment funds, term endowment funds, and funds functioning as endowment for the institution and any of its foundations and other affiliated organizations and component units reduced by the value of endowment-related liabilities at the end of the fiscal year. Funds are nonexpendable and are intended to be invested to provide earnings for institutional use.

Measurement: Full-Time Retention Rates
Definition: A measure of the rate at which students persist in their educational program at an institution, expressed as a percentage. For four-year institutions, this is the percentage of first-time, full-time bachelors (or equivalent) degree-seeking undergraduates from the previous fall who are again enrolled in the current fall.

Measurement: Six Year Graduation Rates
Definition: This rate is calculated as the total number of undergraduate certificate, associate, and baccalaureate degree completers within 150% of normal time divided by the incoming cohort adjusted for allowable exclusions.

Measurement: Undergraduate Enrollment
Definition: Students enrolled in a 4- or 5-year bachelor's degree program, an associate's degree program, or a vocational or technical program below the baccalaureate level. Exclusions apply, see Total Enrollment.

Measurement: Graduate Enrollment
Definition: Students who hold a bachelor's degree or above and are taking courses at the postbaccalaureate level. These students may or may not be enrolled in graduate programs. Exclusions apply, see Total Enrollment.

Measurement: Total Enrollment
Definition: The number of students enrolled in the fall semester at postsecondary institutions. Students reported are those enrolled in courses creditable toward a degree or other recognized postsecondary credential; students enrolled in courses that are part of a vocational or occupational program, including those enrolled in off-campus or extension centers; and high school students taking regular college courses for credit. Institutions report annually the number of full- and part-time students, by gender, race/ethnicity, and level (undergraduate, graduate, first-professional). Exclusions include students who are not enrolled for credit. Examples of exclusions include students enrolled exclusively in courses that cannot be applied towards a recognized postsecondary credential, enrolled only in ESL programs, enrolled exclusively in Continuing Education Units (CEUs), exclusively auditing classes, residents/interns in doctor's professional practice programs, any student studying abroad (e.g., at a foreign university), or students in Experimental Pell Programs.

Student

Measurement: First-Time Degree Seeking Undergraduates – Applied
Definition: A student who has no prior postsecondary experience (except as noted below) attending any institution for the first time at the undergraduate level. This includes students enrolled in academic or occupational programs. It also includes students enrolled in the fall term who attended college for the first time in the prior summer term, and students who entered with advanced standing (college credits or recognized postsecondary credential earned before graduation from high school). Applicants include only those students who fulfilled all requirements for consideration for admission and who have been notified of one of the following actions: admission, non-admission, placement on a wait list, or application withdrawn (by applicant or institution).

Measurement: First-Time Degree Seeking Undergraduates – Accepted
Definition: A student who has no prior postsecondary experience (except as noted below) attending any institution for the first time at the undergraduate level. This includes students enrolled in academic or occupational programs. It also includes students enrolled in the fall term who attended college for the first time in the prior summer term, and students who entered with advanced standing (college credits or recognized postsecondary credential earned before graduation from high school). Includes all students who were admitted to the institution. This would include:
- early decision students who were notified of an admissions decision prior to the regular notification date and who agreed to accept;
- early action students who were notified of an admission decision prior to the regular notification date with no commitment to accept; and
- admitted students who began studies during the summer prior.

Measurement: First-Time Degree Seeking Undergraduates – Enrolled
Definition: A student who has no prior postsecondary experience (except as noted below) attending any institution for the first time at the undergraduate level. This includes students enrolled in academic or occupational programs. It also includes students enrolled in the fall term who attended college for the first time in the prior summer term, and students who entered with advanced standing (college credits or recognized postsecondary credential earned before graduation from high school).

Measurement: Certificates
Definition: Includes postsecondary certificates, postbaccalaureate certificates, post-master's certificates, and first-professional certificates. Below are the IPEDS definitions for each award type.
- Certificate: A recognized postsecondary credential that is conferred upon the satisfactory completion of a postsecondary education program below an associate degree level.
- Postbaccalaureate certificate: An award that requires completion of an organized program of study beyond the bachelor's. It is designed for persons who have completed a baccalaureate degree, but does not meet the requirements of a master's degree. NOTE: Even though Teacher Preparation certificate programs may require a bachelor's degree for admission, they are considered subbacalaureate undergraduate programs, and students in these programs are undergraduate students.
- Post-master’s certificate: An award that requires completion of an organized program beyond the master's degree, but does not meet the requirements of academic degrees at the doctor's level.
- First-professional certificate: A first-professional certificate was an award that required completion of an organized program of study designed for persons who had completed the first-professional degree. Examples could be refresher courses or additional units of study in a specialty or subspecialty. The use of the term was discontinued in IPEDS as of the 2010-11 data collection.

Measurement: Associate Degrees
Definition: An award that normally requires at least 2 but less than 4 years of full-time equivalent college work.

Measurement: Bachelor’s Degrees
Definition: An award (baccalaureate or equivalent degree, as determined by the Secretary, U.S. Department of Education) that normally requires at least 4 but not more than 5 years of full-time equivalent college-level work. This includes all bachelor's degrees conferred in a 5-year cooperative (work-study) program. A cooperative plan provides for alternate class attendance and employment in business, industry, or government; thus, it allows students to combine actual work experience with their college studies. Also includes bachelor's degrees in which the normal 4 years of work are completed in 3 years.

Measurement: Master’s Degrees
Definition: An award that requires the successful completion of a program of study of at least the full-time equivalent of 1 but not more than 2 academic years of work beyond the bachelor's degree. Some of these degrees, such as those in Theology (M.Div., M.H.L./Rav) that were formerly classified as "first-professional", may require more than two full-time equivalent academic years of work.

Measurement: Doctoral Degrees
Definition: Includes doctoral degrees in professional practice, research/scholarship, other, and first-professional degrees. Below are the IPEDS definitions for each type.
- Doctor’s degree professional practice: A doctor's degree that is conferred upon completion of a program providing the knowledge and skills for the recognition, credential, or license required for professional practice. The degree is awarded after a period of study such that the total time to the degree, including both pre-professional and professional preparation, equals at least six full-time equivalent academic years. Some of these degrees were formerly classified as first-professional and may include: Chiropractic (D.C. or D.C.M.); Dentistry (D.D.S. or D.M.D.); Law (J.D.); Medicine (M.D.); Optometry (O.D.); Osteopathic Medicine (D.O); Pharmacy (Pharm.D.); Podiatry (D.P.M., Pod.D., D.P.); or, Veterinary Medicine (D.V.M.), and others, as designated by the awarding institution.
- Doctor’s degree research/scholarship: A Ph.D. or other doctor's degree that requires advanced work beyond the master's level, including the preparation and defense of a dissertation based on original research, or the planning and execution of an original project demonstrating substantial artistic or scholarly achievement. Some examples of this type of degree may include Ed.D., D.M.A., D.B.A., D.Sc., D.A., or D.M, and others, as designated by the awarding institution.
- Doctor’s degree other: A doctor's degree that does not meet the definition of a doctor's degree research/scholarship or a doctor's degree professional practice.
- First-professional degree: A first-professional degree was an award that required completion of a program that met all of the following criteria: (1) completion of the academic requirements to begin practice in the profession; (2) at least 2 years of college work prior to entering the program; and (3) a total of at least 6 academic years of college work to complete the degree program, including prior required college work plus the length of the professional program itself. First-professional degrees may be awarded in the following 10 fields: Chiropractic (D.C. or D.C.M.), Dentistry (D.D.S. or D.M.D.), Law (L.L.B., J.D.), Medicine (M.D.), Optometry (O.D.), Osteopathic Medicine (D.O.), Pharmacy (Pharm.D.), Podiatry (D.P.M., D.P., or Pod.D.), Theology (M.Div., M.H.L., B.D., or Ordination), Veterinary Medicine (D.V.M.). The use of the term was discontinued in IPEDS as of the 2010-11 data collection.

Measurement: Undergraduate Enrollment
Definition: Students enrolled in a 4- or 5-year bachelor's degree program, an associate's degree program, or a vocational or technical program below the baccalaureate level. Exclusions apply, see Total Enrollment.

Measurement: Graduate Enrollment
Definition: Students who hold a bachelor's degree or above and are taking courses at the postbaccalaureate level. These students may or may not be enrolled in graduate programs. Exclusions apply, see Total Enrollment.

Measurement: Total Enrollment
Definition: The number of students enrolled in the fall semester at postsecondary institutions. Students reported are those enrolled in courses creditable toward a degree or other recognized postsecondary credential; students enrolled in courses that are part of a vocational or occupational program, including those enrolled in off-campus or extension centers; and high school students taking regular college courses for credit. Institutions report annually the number of full- and part-time students, by gender, race/ethnicity, and level (undergraduate, graduate, first-professional). Exclusions include students who are not enrolled for credit. Examples of exclusions include students enrolled exclusively in courses that cannot be applied towards a recognized postsecondary credential, enrolled only in ESL programs, enrolled exclusively in Continuing Education Units (CEUs), exclusively auditing classes, residents/interns in doctor's professional practice programs, any student studying abroad (e.g., at a foreign university), or students in Experimental Pell Programs.

Measurement: Full-Time Enrollment
Definition: Undergraduate: A student enrolled for 12 or more semester credits, or 12 or more quarter credits, or 24 or more clock hours a week each term. Graduate: A student enrolled for 9 or more semester credits, or 9 or more quarter credits, or a student involved in thesis or dissertation preparation that is considered full-time by the institution. Doctor's degree - Professional practice - full-time as defined by the institution.

Measurement: Part-Time Enrollment
Definition: Undergraduate: A student enrolled for either less than 12 semester or quarter credits, or less than 24 clock hours a week each term. Graduate: A student enrolled for less than 9 semester or quarter credits.

Measurement: Full-Time Fall Retention Rates
Definition: A measure of the rate at which students persist in their educational program at an institution, expressed as a percentage. For four-year institutions, this is the percentage of first-time, full-time bachelors (or equivalent) degree-seeking undergraduates from the previous fall who are again enrolled in the current fall.

Measurement: Six Year Graduation Rates
Definition: This rate is calculated as the total number of undergraduate certificate, associate, and baccalaureate degree completers within 150% of normal time divided by the incoming cohort adjusted for allowable exclusions.

Measurement: American Indian Alaskan Native Enrollment
Definition: A person having origins in any of the original peoples of North and South America (including Central America) who maintains cultural identification through tribal affiliation or community attachment.

Measurement: Asian Enrollment
Definition: A person having origins in any of the original peoples of the Far East, Southeast Asia, or the Indian Subcontinent, including, for example, Cambodia, China, India, Japan, Korea, Malaysia, Pakistan, the Philippine Islands, Thailand, and Vietnam.

Measurement: Black or African American Enrollment
Definition: A person having origins in any of the black racial groups of Africa.

Measurement: Hispanic Enrollment
Definition: A person of Cuban, Mexican, Puerto Rican, South or Central American, or other Spanish culture or origin, regardless of race.

Measurement: International Enrollment
Definition: A person who is not a citizen or national of the United States and who is in this country on a visa or temporary basis and does not have the right to remain indefinitely.

Measurement: Multiracial Enrollment
Definition: Two or more races.

Measurement: Native Hawaiian or Other Pacific Islander Enrollment
Definition: A person having origins in any of the original peoples of Hawaii, Guam, Samoa, or other Pacific Islands.

Measurement: Race/Ethnicity Unknown Enrollment
Definition: The category used to report students whose race and ethnicity are not known.

Measurement: White Enrollment
Definition: A person having origins in any of the original peoples of Europe, the Middle East, or North Africa.

Measurement: ACT
Definition: Previously known as the American College Testing program, measures educational development and readiness to pursue college-level coursework in English, mathematics, natural science, and social studies. Student performance does not reflect innate ability and is influenced by a student's educational preparedness. Scores are based on first-time, degree/certificate-seeking students in the fall term.

Measurement: SAT
Definition: Previously known as the Scholastic Aptitude Test, this is an examination administered by the Educational Testing Service (ETS) and used to predict with which an individual will progress in learning college-level academic subjects. Please note the testing components were restructured in 2016. Scores are based on first-time, degree/certificate-seeking students in the fall term.

Employee

Measurement: Total Faculty Excluding Medical
Definition: Persons identified by the institution as such and typically those whose initial assignments are made for the purpose of conducting instruction, research or public service as a principal activity (or activities). They may hold academic rank titles of professor, associate professor, assistant professor, instructor, lecturer or the equivalent of any of those academic ranks. Counts exclude medical employees.

Measurement: Full-Time Faculty Excluding Medical
Definition: The number of full-time, non-medical school persons identified by the institution as such and typically those whose initial assignments are made for the purpose of conducting instruction, research or public service as a principal activity (or activities). They may hold academic rank titles of professor, associate professor, assistant professor, instructor, lecturer or the equivalent of any of those academic ranks.

Measurement: Part-Time Faculty Excluding Medical
Definition: The number of part-time, non-medical school persons identified by the institution as such and typically those whose initial assignments are made for the purpose of conducting instruction, research or public service as a principal activity (or activities). They may hold academic rank titles of professor, associate professor, assistant professor, instructor, lecturer or the equivalent of any of those academic ranks.

Measurement: Men Full-Time Faculty
Definition: The number of men full-time faculty identified by the institution as such and typically those whose initial assignments are made for the purpose of conducting instruction, research or public service as a principal activity (or activities). They may hold academic rank titles of professor, associate professor, assistant professor, instructor, lecturer or the equivalent of any of those academic ranks. Counts include medical employees.

Measurement: Women Full-Time Faculty
Definition: The number of women full-time faculty identified by the institution as such and typically those whose initial assignments are made for the purpose of conducting instruction, research or public service as a principal activity (or activities). They may hold academic rank titles of professor, associate professor, assistant professor, instructor, lecturer or the equivalent of any of those academic ranks. Counts include medical employees.

Measurement: American Indian Alaska Native Full-Time Faculty
Definition: A person having origins in any of the original peoples of North and South America (including Central America) who maintains cultural identification through tribal affiliation or community attachment. Please note this is based on full-time faculty (including medical).

Measurement: Asian Full-Time Faculty
Definition: A person having origins in any of the original peoples of the Far East, Southeast Asia, or the Indian Subcontinent, including, for example, Cambodia, China, India, Japan, Korea, Malaysia, Pakistan, the Philippine Islands, Thailand, and Vietnam. Please note this is based on full-time faculty (including medical).

Measurement: Black or African American Full-Time Faculty
Definition: A person having origins in any of the black racial groups of Africa. Please note this is based on full-time faculty (including medical).

Measurement: Hispanic Full-Time Faculty
Definition: A person of Cuban, Mexican, Puerto Rican, South or Central American, or other Spanish culture or origin, regardless of race. Please note this is based on full-time faculty (including medical).

Measurement: International Full-Time Faculty
Definition: A person who is not a citizen or national of the United States and who is in this country on a visa or temporary basis and does not have the right to remain indefinitely. Please note this is based on full-time faculty (including medical).

Measurement: Multiracial Full-Time Faculty
Definition: Two or more races. Please note this is based on full-time faculty (including medical).

Measurement: Native Hawaiian or Other Pacific Islander Full-Time Faculty
Definition: A person having origins in any of the original peoples of Hawaii, Guam, Samoa, or other Pacific Islands. Please note this is based on full-time faculty (including medical).

Measurement: Race/Ethnicity Unknown Full-Time Faculty
Definition: The category used to report faculty whose race and ethnicity are not known. Please note this is based on full-time faculty (including medical).

Measurement: White Full-Time Faculty
Definition: A person having origins in any of the original peoples of Europe, the Middle East, or North Africa. Please note this is based on full-time faculty (including medical).

Measurement: Full-Time Professors
Definition: All full-time (including medical) faculty holding the rank of professor. The ranks of professor, associate professor and assistant professor are regular tenure-accumulating faculty ranks.

Measurement: Full-Time Associate Professors
Definition: All full-time (including medical) faculty holding the rank of associate professor. The ranks of professor, associate professor and assistant professor are regular tenure-accumulating faculty ranks.

Measurement: Full-Time Assistant Professors
Definition: All full-time (including medical) faculty holding the rank of assistant professor. The ranks of professor, associate professor and assistant professor are regular tenure-accumulating faculty ranks.

Measurement: Full-Time Instructors
Definition: All full-time (including medical) faculty holding the rank of instructor. The ranks of instructor and lecturer are non-tenured positions.

Measurement: Full-Time Lecturers
Definition: All full-time (including medical) faculty holding the rank of lecturer. The ranks of instructor and lecturer are non-tenured positions.

Measurement: Full-Time No Rank
Definition: All full-time (including medical) faculty from institutions without standard academic ranks.

Measurement: Total Staff Excluding Medical
Definition: All staff employed by or employees working in a postsecondary institution, except those employed by or working in the medical school component of the institution. Institutions report the numbers as of November 1 of the reporting year.

Measurement: Full-Time Staff Excluding Medical
Definition: All full-time staff employed by or employees working in a postsecondary institution, except those employed by or working in the medical school component of the institution. Institutions report the numbers as of November 1 of the reporting year.

Measurement: Part-Time Staff Excluding Medical
Definition: All part-time staff employed by or employees working in a postsecondary institution, except those employed by or working in the medical school component of the institution. Institutions report the numbers as of November 1 of the reporting year.

Measurement: Men Full-Time Staff
Definition: All men full-time staff employed by or employees working in a postsecondary institution, including those employed by or working in the medical school component of the institution. Institutions report the numbers as of November 1 of the reporting year.

Measurement: Women Full-Time Staff
Definition: All women full-time staff employed by or employees working in a postsecondary institution, including those employed by or working in the medical school component of the institution. Institutions report the numbers as of November 1 of the reporting year.

Measurement: American Indian Alaska Native Full-Time Staff
Definition: A person having origins in any of the original peoples of North and South America (including Central America) who maintains cultural identification through tribal affiliation or community attachment. Please note this is based on full-time staff (including medical).

Measurement: Asian Full-Time Staff
Definition: A person having origins in any of the original peoples of the Far East, Southeast Asia, or the Indian Subcontinent, including, for example, Cambodia, China, India, Japan, Korea, Malaysia, Pakistan, the Philippine Islands, Thailand, and Vietnam. Please note this is based on full-time staff (including medical).

Measurement: Black or African American Full-Time Staff
Definition: A person having origins in any of the black racial groups of Africa. Please note this is based on full-time staff (including medical).

Measurement: Hispanic Full-Time Staff
Definition: A person of Cuban, Mexican, Puerto Rican, South or Central American, or other Spanish culture or origin, regardless of race. Please note this is based on full-time staff (including medical).

Measurement: International Full-Time Staff
Definition: A person who is not a citizen or national of the United States and who is in this country on a visa or temporary basis and does not have the right to remain indefinitely. Please note this is based on full-time staff (including medical).

Measurement: Multiracial Full-Time Staff
Definition: Two or more races. Please note this is based on full-time staff (including medical).

Measurement: Native Hawaiian or Other Pacific Islander Full-Time Staff
Definition: A person having origins in any of the original peoples of Hawaii, Guam, Samoa, or other Pacific Islands. Please note this is based on full-time staff (including medical).

Measurement: Race/Ethnicity Unknown Full-Time Staff
Definition: The category used to report staff whose race and ethnicity are not known. Please note this is based on full-time staff (including medical).

Measurement: White Full-Time Staff
Definition: A person having origins in any of the original peoples of Europe, the Middle East, or North Africa. Please note this is based on full-time staff (including medical).

Research

Measurement: R&D Expenditures Business
Definition: R&D expenditures from domestic or foreign for-profit organizations. Funds from a company’s nonprofit foundation are excluded; they are reported under Nonprofit organizations.

Measurement: R&D Expenditures Federal Government
Definition: R&D expenditures from any agency of the U.S. government. Federal funds that are passed through to the reporting institution from another institution are included. Federal agencies include the US Department of Agriculture, US Department of Defense, US Department of Energy, US Department of Health and Human Services, National Aeronautics & Space Administration, National Science Foundation, and other federal sources.

Measurement: R&D Expenditures Institutional Funds
Definition: R&D expenditures from institutionally financed research (all R&D funded by the institution from accounts that are only used for research, excluding institution research administration and support), cost sharing (committed), and unrecovered indirect costs (the portion of indirect costs associated with a sponsored project that was not reimbursed by the sponsor in accordance with the institution’s negotiated indirect cost rate).

Measurement: R&D Expenditures Non-Profit Organizations
Definition: R&D expenditures from domestic or foreign nonprofit foundations and organizations, except universities and colleges. Funds from the reporting institution’s 501(c)3 foundation are reported under Institutional funds. Funds from other universities and colleges are reported under All other sources.

Measurement: R&D Expenditures Other Sources
Definition: R&D expenditures from sources not reported in other categories, such as funds from foreign governments, foreign or U.S. universities, and gifts designated by the donors for research.

Measurement: R&D Expenditures State and Local Government
Definition: R&D expenditures from any state, county, municipality, or other local government entity in the United States, including state health agencies. State funds that supported R&D at agricultural and other experiment stations are included. Public institutions reported state appropriations restricted for R&D activities in this category.

Finance

Measurement: Endowment per FTE
Definition: This measures the endowment net assets at year-end per full-time equivalent student (FTE). The number of FTE students is calculated based on the credit and/or clock hours reported by the institution on the IPEDS 12-month enrollment submission.

Measurement: Tuition and Fees per FTE
Definition: This measures the net current fund tuition and fees per full-time equivalent student (FTE). The number of FTE students is calculated based on the credit and/or clock hours reported by the institution on the IPEDS 12-month enrollment submission.

Measurement: IRP as a Percent of Core
Definition: Captures instruction, research, and public service Current Fund expenditures as a percent of core expenditures. Core expenditures is defined as total expenditures minus auxiliary expenditures.

Measurement: Age of Plant
Definition: This ratio measures as a proxy the average age of total plant facilities by measuring the relationship of current depreciation to total depreciation. The ratio is calculated as Accumulated Depreciation ÷ Annual Depreciation Expense.