An alumni association or alumnae association is an association of graduates or, more broadly, of former students (alumni). In the United Kingdom and the United States, alumni of universities, colleges, schools (especially independent schools), fraternities, and sororities often form groups with alumni from the same organization. These associations often organize social events, publish newsletters or magazines, and raise funds for the organization. Many provide a variety of benefits and services that help alumni maintain connections to their educational institution and fellow graduates. In the US, most associations do not require its members to be an alumnus of a university to enjoy membership and privileges.[citation needed]

Additionally, such groups often support new alumni, and provide a forum to form new friendships and business relationships with people of similar background.