Park University is a private, non-profit institution founded in 1875. It is not funded by state or federal governments, relying instead on tuition, donations, and endowments. The university offers both on-campus and online programs, serving a diverse student body.
As a private university, Park has greater autonomy in curriculum design and admissions policies compared to public institutions. It is accredited by the Higher Learning Commission and maintains a focus on accessible education, particularly for military-affiliated students.