This annual report provides information about New Mexico's colleges and universities and the students attending these institutions, including demographic data on enrolled students; student financial aid funding levels and awards granted; student tuition and fees across the state; current and historical financing data; and special program information. Following a brief overview, including a list of the institutions in the state, are two data sections, each preceded by a short text summary. In the first are: historical enrollment data; headcount by residency; ethnicity and gender data for certificate and degree recipients; degrees awarded by field; program completion and transfer rates; tuition and fee data; and student financial aid data. Tables in the financing section cover: state appropriations; general expenditures and revenues; research expenditures; compensation; and capital expenditures. Following the data sections is information on the mission of the Commission on Higher Education, standing committees, and organizational structure. Another section lists various activities of the Commission, some of which are: adult basic education, cooperative education, Native American education, oversight and licensure of private proprietary schools. The final sections of the report contain commission resolutions and a list of selected commission reports and publications. (CH)