The report summarizes undergraduate admissions policies, practices, and procedures at two- and four-year colleges and universities as of 1992. Information was drawn from a national survey, the third of a series conducted since 1979. A total of 2,024 institutions responded to the survey. An introductory chapter describes the surveys, their methodology, and some summary results. Subsequent chapters detail findings concerning: selectivity in admissions (general admissions practices, selectivity categories, overall acceptance rates, rates for different student subgroups, and acceptance in relationship application rates); general admission procedures for two- and four-year institutions (locus of responsibility, policies and requirements, two-year degree candidacy criteria, and new or alternative approaches to admissions); policies, practices, and procedures specific to four-year institutions (academic requirements and exceptions, admissions tests, importance of various factors in admissions decisions, role of personal qualities, trends in academic qualifications); first-time and other enrollment rates at different institution types; and recruitment, marketing, and financial aid (recruitment practices, two-year transfer policies and practices, market research, enrollment planning, relationship between financial aid and recruitment/admissions decisions, cost and college choice, no-need aid awards, acceptance and yield rates, freshman financial needs). Appended materials include the survey questionnaires for two- and four-year institutions, the cover letter, and notes on methodology. (Contains 40 references.) (MSE)