### Question
How is the term nonprofit institution defined?


### Answer
The term **nonprofit institution** is defined in *7 U.S.C. § 1932* as the following:

> any organization or institution, including an accredited institution of higher education, no part of the net earnings of which inures, or may lawfully inure, to the benefit of any private shareholder or individual

#### Citation:
  - *7 U.S.C. § 1932*
  - Heading: **CHAPTER 50-AGRICULTURAL CREDIT > SUBCHAPTER I-REAL ESTATE LOANS**

