This annual report presents results from the Scholastic Aptitude Test (SAT) of the College Board's Admissions Testing Program and the American College Testing (ACT) Program's original and enhanced ACT assessment for prior year graduating seniors. The last decade had brought some recovery over the decline of the previous 10 years in both Texas and national SAT averages, with relatively more improvement in Texas in the last 7 years. The average 1993 Texas SAT total of 885 was 17 points below the national average of 902. The 1993 Texas average ACT composite score was 20.1 compared to a national average of 20.7. Although Texas SAT-tested students had less academic preparation than students nationally, percentages completing 20+ credits improved from 23% in 1991 to 25% in 1992, and up to 27% in 1993, with a fall back to 25% in 1994. Even with the growth in numbers and percentages of ethnic minority students tested in recent years, Texas minority ACT scores have shown some improvement relative to white ACT scores. SAT total and ACT composite scores tended to go up as the values of certain demographic variables rose, and also tended to increase as the values of selected educational variables increased, including district average of students passing all sections of the Texas Assessment of Academic Skills. Generally, the 1992-1993 SAT and ACT results in Texas suggest focusing on improving the academic preparation of students while encouraging test participation. An appendix contains four detailed tables of mean SAT and ACT scores and a glossary of categories used to analyze results. (Contains 4 tables and 17 references.) (SLD)