Impacts of both the originally proposed and the recently adopted University of California freshman admissions formulas on the regularly admitted freshman at Berkeley in the fall of 1972 and 1973 were assessed. The sex, ethnic characteristics, and graduation rates are examined for students who would have been included and excluded by the formulas. Additionally, a simulation is made that permits a comparison of the newly eligible and newly ineligible groups. The simulation assumed the University used a 3.3 high school grade point average (HSGPA) cut-off instead of the actual 3.0. Among the results are the following: (1) for both classes, the level of HSGPA is only weakly related to whether a student graduates; (2) neither the new admissions formula nor the original one predicts graduation better than HSGPA, and frequently they do worse; (3) the formulas would have excluded slightly more Blacks and Chicanos than Whites and Asians; and (4) students made ineligible by the formulas graduated at a rate only slightly lower than the rest. Results of the simulation study show: use of the formulas results in a net loss in the enrollment of women and minorities, and application of the formulas results in few students graduating within four or five years. Implications of the new admission's formula are considered. (SW)