A study was conducted to assess the impact of federal and state assistance, regulations, and requirements on Roosevelt University, Chicago. By means of a survey questionnaire and interviews, the University's vice presidents and other senior administrators were asked to estimate the amount of time and money spent by the school to comply with federal rules, regulations, and guidelines. The University's participation in federally-supported projects and activities and the historical background, mission, and profile of the school are discussed. Excluding student aid, government support of the univeristy constitutes about 6 percent of the operating budget; about half this amount comes from the state, primarily in the form of a direct assistance grant. Compliance with government regulations and guidelines is conservatively estimated to cost the university about $250,000, or 2 percent of its operating budget. Some of these costs are one-time expenses; other expenditures are out-of-pocket, most in the form of staff time. The administrative staff spends an increasing precentage of their time on government related matters rather than on academically-related concerns. Policy issues to be considered in assessing the costs of compliance are discussed, and l0 recommendations are offered for the Sloan Commission to consider as it attempts to assess the problems on a national scale. (SW)