For-Profit and Not-For-Profit Colleges


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A college has a surplus of $1 million at the end of a school year. The extra money all goes to student services and scholarship money for students. The college is most likely a _____ institution.

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1. A college has a surplus of $1 million at the end of a school year. Half of the extra money goes to student services and scholarship money, but the rest goes to the owners of the college. The college is most likely a _____ institution.

2. _____colleges generally have more highly educated faculty and more rigorous general education requirements for students than _____ colleges do.

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About This Quiz & Worksheet

This quiz and matching worksheet will help you measure your knowledge of for-profit and non-for-profit colleges. You will need to understand the attributes of not-for-profit and for-profit institutions.

Quiz & Worksheet Goals

These assessments can be used to review:

  • Characteristics of a not-for-profit institution
  • Features of a for-profit institution
  • Comparison between non-profit and for-profit
  • An example of a for-profit institution

Skills Practiced

Implement these skills with this quiz and worksheet:

  • Distinguishing Differences - compare and contrast topics from the lesson, such as for-profit and not-for-profit schools
  • Interpreting information - verify that you can read information regarding what a not-for-profit college does with surplus funds and interpret it correctly
  • Knowledge application - use your knowledge to answer a question about transferring credits

Additional Learning

To learn more about how schools can be run, review the corresponding lesson called For-Profit and Not-for-Profit Colleges. This lesson will help you:

  • Define what a for-profit college is
  • Understand what makes an institution not-for-profit
  • Identify the inherent focus of both types of schools
  • Appreciate the benefits of each type of school