Net position

What is Net position ?

Net position meaning The excess of assets over liabilities or the residual interest in the institution’s assets remaining after liabilities are deducted. The change in net position results from revenues, gains, expenses, and losses. GASB institutions classify net position into three categories: invested in capital, net of related debt; restricted (with separate displays of restricted-expendable and restricted-nonexpendable net assets); and unrestricted. Net position beginning with the 2013-14 collection includes deferred inflows and outflows of resources, per change from GASB Statement 63 and 65. This term is similar to the “Net assets” term used by FASB institutions.


reference: IPEDS Data Collectrion System – Glossary