This report describes some of the benefits to the state of the University of Colorado's (CU) teaching and research activities; profiles CU students; discusses aspects of the academic experience; analyzes student costs; and summarizes the University's fiscal accountability. The report presents highlights of CU's activities; including: (1) CU is the only higher education system in the state offering baccalaureate, graduate, and professional degree programs at multiple sites; (2) CU's Health Sciences Center is the only comprehensive academic health center in the state; (3) all four campuses provide opportunities for undergraduate and graduate students to work on research and creative projects; (4) CU ranks in the top 20 of all U.S. academic institutions in the number of patents granted for research discoveries; (5) CU faculty are more ethnically diverse than the statewide averages of public universities/colleges and research universities; and (6) CU generates $10.17 of gross state product for each $1 of state general fund support. The report describes two areas that require further attention by the University: monitoring and updating enrollment management plans, and meeting goals for resident ethnic minority enrollment. (MAH)