PAASCU stands for Philippine Accrediting Association of Schools, Colleges and Universities. It is a private, voluntary, non-profit and non- stock corporation which was registered with the Securities and Exchange Commission on November 5, 1957.
PAASCU is a service organization that accredits academic programs which meet standards of quality education. In November 1967, the Bureau of Education and Culture (now the Department of Education) officially recognized PAASCU and endorsed its work as an accrediting agency. PAASCU is also one of the three founding members of the Federation of Accrediting Agencies of the Philippines (FAAP), which was established in 1977 and is authorized by the Commission on Higher Education (CHED) to certify the levels of accredited programs for the purpose of granting progressive deregulation and other benefits.

PAASCU has been a full member of the International Network for Quality Assurance Agencies in Higher Education (INQAAHE). As of 2005, INQAAHE is composed of 150 accrediting agencies coming from over 60 different countries. These agencies have also created regional networks, one of which is the Asia-PAcific Quality Network (APQN), with PAASCU being one of its active members.

PAASCU also has linkages with the Council for Higher Education Accreditation (CHEA), which is a private, nonprofit national organization that coordinates accreditation activity in the United States, as well as with the National Committee on Foreign Medical Education and Accreditation (NCFMEA), which is based in Washington, D.C.